Sysgroup Share Price (SYS)

I believe the Results are ok but have taken advantage of today’s rise to sell up at a small profit. Competition is this arena is fierce and SYS are a very small player but good luck to those who are still in.

Good results and strong outlook statement. Would be really good if management gave an investor presentation.

The results read well, and this year to March '27 will see the results of the transformation driven by Heejae really show themselves on the bottom line assuming forecasts are met.

Today's statement that "The Board expects to exceed market expectations for FY27" is certainly confident so early in the period.

.wealthoracle.co.uk/company-results

SysGroup delivered a genuinely inflection-point set of full-year numbers, with Adjusted EBITDA up 26% to £1.19m on revenue 8% higher at £22.1m, and management explicitly flagging that FY26 EBITDA came in ahead of market expectations. The shape of the year matters as much as the aggregate: H2 revenue accelerated to 17% growth (7% organic), H2 EBITDA margin stepped up to 8.3% from 4.6% a year earlier, and managed IT services revenue swung to £0.7m of growth after a £0.9m decline in FY25, reversing years of churn. Cybersecurity now accounts for 45% of the mix, dragging blended gross margin down 2pp to 47% but improving revenue quality and defensibility. Project Atlas, the AI-enabled restructuring, delivered £1.2m of run-rate savings while service desk headcount fell 24% and NPS quadrupled to 32. Cash conversion of 105% (FY25: 54%) left net cash of £2.7m after the £1.25m Saxis acquisition, which is already contributing cross-sell wins. Adjusted basic EPS rose to 0.4p from 0.3p, though the statutory loss before tax of £2.24m still reflects heavy acquired-intangible amortisation. The CFO transition, with Owen Phillips stepping down immediately and Craig Ormesher stepping up on an interim basis, is the one clear governance overhang. Crucially, the Board expects to exceed market expectations for FY27, with H2 momentum sustained into the early months of the new year.

.wealthoracle.co.uk/company-results

FY results to 31 March to be released on Wednesday. Interesting how the stock has suddenly seen two days of good rises ahead of them. Didn't particularly react to a fairly positive trading statement released on 13 April, which stated that 2H had been particularly strong. Let's see the details on Wednesday and the outlook for 2027.