Ten Lifestyle Group Plc (TENG) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

delighted to be presenting the results or 10 group to the end of february this year um and the reason i'm delighted is that we're going to have to next slide please we're going to be i'm going to be taking you through the details of those results then alan reminding everybody about our business model um there'll be an operational update and an outlook and before we go into the actual details let's just remind ourselves what we're all about so really we've got a main mission And then a secondary mission. The main mission is that we need to be the best place in the world for wealthy and affluent people to organize their lives. So we deliver better results than people can get on their own using the best resources of the Internet or large language models across dining, entertainment, travel, luxury retail. We get them access, pricing and other benefits that they couldn't organize for themselves. And as we do that, we become the most trusted service in their lives for organizing across travel, entertainment, dining, and retail. Now, because we get very good at that, that then allows us to become the most trusted customer loyalty platform for our corporate clients. What that means is that most of our members don't need to pay to use our wonderful services. Their bank, their credit card company, or their wealth manager pays for them to have access to our services. So that's what we're all about as a business. We need to be a brilliant service for the end users of our service. And then because we are, we can become the customer loyalty platform for anybody really, but primarily financial services today that wants to look after high net worth and mass affluent customers. And the highlights are really a good set of results. So revenue is up, 9% increase in net revenue at const...