Business
FY26 Full Year Trading Update
Made Tech Group PLC has announced a strong trading update for the year ended 31 May 2026, with revenue reaching £58.9 million, a 27% increase year-on-year and ahead of market expectations. Adjusted EBITDA grew by 69% to £5.9 million, with the margin improving to approximately 10.0%, exceeding previous guidance. The company ended the period with net cash of £14.5 million and remains debt-free. Significant sales bookings, including a £19 million contract with the Government Digital Service, provide good revenue coverage for FY27 and beyond, positioning Made Tech to benefit from government spending reviews and AI-driven opportunities. Disclaimer*
About this update from Made Tech Group Plc
MADE TECH GROUP PLC ("Made Tech" or the "Group") FY26 FULL YEAR TRADING UPDATE 69% growth in Adjusted EBITDA1 to £5.9m FY26 expected to be ahead of recently upgraded market expectations London, 30 June 2026 - Made Tech Group Plc, (AIM:MTEC) a leading provider of digital, data and technology services to the UK public sector, is pleased to announce a trading update for the year ended 31 May 2026 ("FY26"). FY26 highlights (unaudited) · Revenue of £58.9m ahead of market expectations2 and up 27% on the prior year · Adjusted EBITDA1 growth for FY26 of 69% to £5.9m · Adjusted EBITDA1 margin increased by 250 bps year-on-year to c.10.0% - this margin improvement has been delivered ahead of previously indicated guidance · Net cash as at 31 May 2026 was £14.5 million (FY25: £10.4 million) · Made Tech remains debt-free with flexibility to pursue growth opportunities Continued commercial momentum · Sales Bookings3 momentum including the recently awarded £19m contract with the Government Digital Service and a healthy Contracted Backlog4 provides good revenue coverage for FY27 and beyond · Made Tech remains well positioned to benefit from the UK Governments' Spending Review announced in June 2025 and available from April 2026 · AI is creating new product & growth opportunities · Made Tech will release its FY26 results in September and will provide an update on current trading at that time Rory MacDonald, Chief Executive Officer, commented: "FY26 has been a transformational year for Made Tech. We have delivered strong revenue growth, materially improved profitability and cash generation, and have entered FY27 with significant positive momentum in our business. The UK public sector is entering a multi-decade AI transformation, creating a substantial long-term opportunity for trusted delivery partners like Made Tech. Recent contract awards reinforce our position at the centre of a number of critical programmes across government. With a strong balance sheet, high earnings visibility and an increasingly differentiated proposition, we believe Made Tech is well positioned to capitalise on these opportunities and we look forward to FY27 with c...
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