RE: Great update29 Jan 2026 09:25
Mark Pickett, CEO of Tribal Group, commented: "FY25 has been a transformational year for Tribal, delivering improved profitability, a return to a net cash position, and significant progress against our SaaS strategy. We are particularly encouraged by the significant proportion of Higher Education customers now onboarded to our subscription model, which not only delivers a stronger base of recurring revenue and drives broader adoption of Tribal's portfolio, but provides a clear and proven pathway to cloud migration, deeper customer engagement and long-term value creation. We have entered FY26 in an increasingly healthy position and now anticipate a profit and cash performance ahead of current market expectations."
1 In so far as the Board is aware, as at 28 January 2026, consensus market expectations for FY25 were Revenue of £90.75m, adjusted EBITDA of £16.5m, and Net cash of £5.00m; and for FY26 were Revenue of £91.75m, adjusted EBITDA of £15.9m and Net cash of £4.15m.