RE: SP fall5 Mar 2026 10:15
Outlook
The Board continues to believe that the outlook for the new financial year, which has already begun exceptionally strongly, is encouraging, building on the success of FY25.
Long-term project roll-outs with existing customers, notably First Rate and our Duty Free client, are amongst several confirmed substantial projects in the new financial year. Recurring revenue streams continue to grow accordingly to support these projects.
Our Dutch subsidiary continues to perform well and attract client interest, whilst we consistently seek new opportunities in Europe.
As previously stated, we believe that adding scale to the current operational business via potential M&A activity would unlock shareholder value. The Board therefore continues to evaluate potential acquisition targets that would further enhance the Group's business and be value accretive.
The Board remains confident in the outlook for the Group, and will target further year-on-year growth and increased profitability in FY26. The Group is targeting revenue for the year ending 30 September 2026 of Β£5 million for the first time in its history and associated profit after tax in excess of Β£250,000.