Newmark Security narrows interim loss as top line advances

(Alliance News) - Newmark Security PLC on Thursday reported top and bottom line improvements during interim trading, as it expressed optimism around commercial opportunities ahead.

Newmark is a London-based security and workforce management firm transitioning to subscription-based sales.

The company reported a pretax loss of GBP72,000 for the six months to the end of October, narrowed from GBP431,000 a year earlier.

Driving this improvement was a 13% top line gain, as revenue grew to GBP11.6 million from GBP10.2 million.

Newmark attributed this advancement to strong Human Capital Management growth in the People & Data Management division. HCM revenue rose 20% to GBP7.9 million from GBP6.5 million.

Cost were higher throughout the period as cost of sales edged up 11% to GBP7.0 million, and administrative expenses grew 7.6% to GBP4.5 million.

Looking ahead, the company said its second half has "started strongly", anticipating both its divisions to surpass revenue and operating profit from the second half of financial 2025.

Shares in Newmark Security rose 2.7% to 115.55 pence on Thursday afternoon in London.

"The group has delivered another successful period by executing its strategic objectives and achieving growth across both divisions," said Chair Maurice Dwek.

"Looking ahead, we are excited by the commercial opportunities that are building as we maintain our focus on HCM. Based on the current pipeline for both divisions, we are anticipating a greater revenue and profit weighting to the second half compared to last year, which would result in the group achieving full year profit ahead of the prior year."

By Christopher Ward, Alliance News reporter

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