Business
Interim Results and Investor Presentation
React Group plc reported a 9% increase in revenue to £13.2 million for the six months ended March 31, 2026, with gross profit up 10% to £4.3 million and adjusted EBITDA rising 7% to £1.5 million, driven by strong performance in 24hr Aquaflow Services and improved operational efficiency. The company maintained over 85% recurring revenue and generated £824,000 in free cash flow, though cash reserves decreased to £1.1 million following investments in technology and sales capability, resulting in net debt of £2.5 million. Despite a basic loss per share of 0.31p, adjusted EBITDA per share increased to 6.34p, reflecting underlying earnings strength. Disclaimer*
About this update from React Group Plc
19 May 2026 REACT Group plc ("REACT", the "Group" or the "Company") Interim Results and Investor Presentation via Investor Meet Company REACT Group plc (AIM: REAT), the leading specialist support services provider to the FM industry, announces its unaudited interim results for the six‑month period ended 31 March 2026. Financial Highlights · Revenue increased 9% to £13.2m (H1 2025: £12.1m) - supported by strong performance in 24hr Aquaflow Services and a more disciplined, value‑led sales approach focused on profitable work. · Recurring/repeat revenue remained above 85%, providing strong visibility - reflecting long‑standing customer relationships and a service model built around reliability and responsiveness. · Gross profit up 10% to £4.3m (H1 2025: £3.9m) - driven by improved operational efficiency and a sharper focus on higher‑value customer work. · Gross margin improved to 32.4% (H1 2025: 32.0%) - benefiting from disciplined pricing, better job allocation, and a sales culture centred on gross profit rather than top‑line volume. · Adjusted EBITDA increased 7% to £1.5m (H1 2025: £1.4m) - reflecting revenue growth and continued cost control while investing in customer‑facing capability. · Free cash flow of £824k, reflecting continued focus on cash discipline (H1 2025: £204k) - supported by tighter working capital management and improved collections. · Cash of £1.1m at period end (H1 2025: £2.8m) - after investment in technology, sales capability, and deferred consideration payments. · Net debt of £2.5m (H1 2025: £1.9m) - remaining well within comfortable levels following planned investment and acquisition‑related outflows. · Basic loss per share (0.31p) (H1 2025: 1.18p) - reflecting lower finance costs and improved operating performance. · Adjusted EBITDA EPS 6.34p (H1 2025: 6.07p) - demonstrating continued underlying earnings strength. Operational & Strategic Highlights The Group delivered a resilient first‑half performance, building on the operational discipline and strengthened foundations established during FY25, alongside a clearer focus ...