HERCULES PLC (HERC) — FY Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the HERCULES PLC FY twenty twenty five Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and they can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. Just simply type in your questions and press send. Before we begin, I would like to submit the following poll. And I would now like to hand you over to CEO, Bruce Korkmaz. Good morning to you. Good morning, Alex. Good morning, everyone, and thank you all for being here today. We really appreciate your time, your support, and your patience over the last year. Myself and Paul, I would like to give you a quick summary for 2025 financial year before starting our presentation. Last year was a year of strong progress in HERCULES. Our revenue grew 19% to a £121,200,000, and our underlying EBITDA increased to £6,400,000. That was a 35% increase. We also completed three strategic acquisitions. That's Advantage NRG, QTT, and Lines Power Services. And these acquisitions are helping us to build a stronger platform for our long term growth. At the same time, we also disposed of one business that was suction excavator business. As you might remember, we we went through a significant amount of corporate activity during 2025 financial year. As you are aware, we are a high growth company. When HERCULES is on the AIM just four years ago, we were turning over around £25,000,000. Now we are we have grown to more than £120,000,000 in revenue. During that rapid growth, some of our internal controls did not keep pace. As you might have seen from the from the RNS and our end of year results, post year end post year end audit identified gaps mainly linked to the onboarding and document...