Overview

• Full-year revenue for the 12 months to July 31 is estimated at £107 million, up 24% year on year and ahead of IPO guidance of about £100 million.
• Adjusted EBITDA is expected at approximately £30.94 million, representing growth of around 19% from the prior year.
• Net cash is projected at roughly £18.5 million, surpassing market consensus of £16.6 million.
• Management now expects FY2026 revenue to exceed current expectations of around £112.4 million, citing recent sales momentum.
• Shares rose as much as 8.5% on Tuesday trading, while the company credits broader listings and distribution for momentum and plans to publish audited results on November 10.