Shearwater Group plc (LSE:SWG) has outperformed market forecasts for the 15-month financial period ending June 30, 2025, fueled by a wave of new contract wins and key renewals. The cybersecurity specialist expects to report revenue of approximately £41 million—representing a 45% year-on-year increase—and adjusted EBITDA of around £2.2 million, effectively doubling its prior-year figure.
This strong performance is underpinned by growing demand for cybersecurity and managed security services as organizations continue to prioritize digital resilience in response to evolving cyber threats. Looking ahead, Shearwater is confident in its outlook for FY26, citing a healthy pipeline of opportunities across its service lines.
While the group maintains a solid balance sheet and improved cash flow, challenges remain, particularly around profitability metrics and current valuation pressures. Nonetheless, recent positive developments signal potential for long-term recovery and sustainable growth.
About Shearwater Group plc
Shearwater Group is a UK-headquartered cybersecurity and managed services provider, delivering end-to-end digital security solutions to businesses worldwide. Its portfolio includes services in identity and access management, data protection, governance, risk and compliance (GRC), and managed detection and response (MDR). The company supports clients across various industries and is listed on the AIM market of the London Stock Exchange under the ticker ‘SWG’. Shearwater’s mission is to build a safer digital future by equipping organizations with advanced security tools and trusted advisory services.
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