Made Tech Group PLC (LSE:MTEC) has released an upbeat trading update for the first half of FY26, reporting revenue growth of 27% to roughly £27.7 million and a 33% increase in adjusted EBITDA to around £2.4 million. The company remains debt-free and continues to generate strong cash flow, while its contracted backlog offers substantial visibility for upcoming periods. Although sales bookings softened compared to last year, Made Tech expects to outperform market forecasts for FY26, supported by operational improvements and a healthy sales pipeline. With the UK Government prioritizing technology-led transformation, the company believes it is well positioned for sustained growth.
Made Tech’s broader outlook reflects financial pressures tied to declining revenue trends and profitability challenges, though these are offset by the strength of its balance sheet. Technical indicators point to weak momentum, and valuation remains constrained by a negative P/E ratio. Even so, recent corporate developments highlight meaningful progress and strategic wins, contributing to an improving recovery narrative.
More about Made Tech Group PLC
Made Tech Group PLC is a specialist provider of digital, data, and technology services to the UK public sector. The company focuses on delivering technology solutions that support government priorities and enhance operational effectiveness across public institutions.
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