RE: Trading statement 31st March3 May 2026 15:21
RC Fornax (RCFX) is experiencing strong growth in early 2026, driven by new defence contracts and a £5.1M sales pipeline, leading to a 16% share price jump in late March. The company is seeing demand for its outcome-based engineering, with a 40% sales growth forecast for FY26 as of February. Key recent news highlights:Financial & Operational Growth: As of April 2026, RCFX has surpassed last year’s total revenue in just seven months, focusing on a robust £5.1M sales visibility against a £5.8M forecast.Defence Sector Momentum: Recent wins include acceptance onto a major UK Defence Framework and contract extensions with tier-1 clients.Strategy Shift: The company is undergoing a transformation, with new Board members, a renewed sales process, and a focus on SME procurement, as highlighted in this and this Proactive Investors article.Management Changes: Following a challenging period after their IPO, the firm is strengthening leadership to tackle political uncertainty in defence spending.Investor Relations: RCFX hosted an online event for shareholders on April 21, 2026, to discuss strategy, according to this forum post.As of late March 2026, experts suggest that RCFX's position as a provider of, and and, cost-effective solutions for, defence primes, is creating strong demand.