Absolutely brilliant26 Feb 2026 07:26
Sales up 28%, Profit up 31%, Net Cash up 30% and no debt !
Interim Results for the 6 months ended 30 Nov 25
Trading ahead of recently upgraded expectations
Made Tech Group is pleased to announce its unaudited half year results for the six months ended 30 November 2025.
Financial and Strategic Highlights
● Revenue of £27.8m (H1 FY25: £21.8m) up 28%, driven by continued strong organic growth and good execution against the Contracted Backlog
● Improved Gross Profit Margin in H1 FY26 over H2 FY25 driven by a reduction in contractor mix
● Successful delivery of national programmes and AI solutions for clients
● Robust balance sheet position with £11.9m (H1 FY25: £9.1m) of cash and no debt
Current Trading and Outlook
● Trading ahead of recently upgraded expectations5; management anticipates Adjusted EBITDA to be materially ahead of market consensus as contractor mix, utilisation and operational leverage continue to improve
● Increase in UK Government procurement activity seen since Autumn 2025
● Recent bid conversions and increasing late stage sales pipeline activity indicate further sales booking momentum in Q4 FY26 and H1 FY27
● Continue to actively explore M&A opportunities to extend the Group's digital capabilities with customers and expand the addressable market
Appointment of New Chief Financial Officer
● As separately announced today, we are pleased to confirm that Richard Swinyard will be joining the Group as Chief Financial Officer, with effect from 2 March 2026
Rory MacDonald, CEO of Made Tech, said: "Made Tech has delivered an exceptional first half, with record revenue and profitability, and strong current trading ahead of recently upgraded expectations. We have continued to improve operational leverage and cash generation, while maintaining a strong balance sheet. Our sales pipeline remains robust, and while bookings can be lumpy between periods, recent bid activity and conversions support our confidence in continued momentum in H2 FY26 and into FY27. We look forward to sharing details on contract awards and progress over the coming months