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  • Netcall FY26 Revenue Rises 20% as Cloud Services Revenue Grows 37%

    Netcall FY26 Revenue Rises 20% as Cloud Services Revenue Grows 37%

    Netcall (LSE:NET) reported revenue of £57.7 million for the year ended 30 June 2026, an increase of 20% from the previous year, supported by growth in its cloud services business.

    Cloud services revenue increased 37% to £40.1 million, while recurring revenue represented 83% of total revenue. Cloud annual contract value (ACV) also rose 37% to £46.3 million.

    Adjusted EBITDA increased 23% to £12.1 million. Statutory profit before tax, however, declined 31% to £3.5 million.

    Netcall increased its final dividend by 17%. The company ended the period without debt and reported continued cash generation during the year.

    AI Products Feature in More Than 40% of New Cloud Orders

    Netcall reported a cloud net retention rate of 115%, with revenue growth coming from both new and existing customers.

    Sales of products incorporating artificial intelligence capabilities nearly tripled during the year, according to the company. AI-related products featured in more than 40% of new cloud orders.

    Netcall also completed the integration of Jadu during the period, with the company reporting cost savings from the integration and an expanded position in the local government market.

    The contracted revenue order book stood at £98.6 million at the end of the period, including £51.0 million expected to be recognised within the following 12 months.

    Netcall also reported a record sales pipeline, which management cited alongside the order book in expressing confidence in continued growth across its cloud and AI-related products.

    About Netcall

    Netcall is a UK enterprise software company providing automation and customer engagement technology through its Liberty platform.

    The company serves approximately 700 organisations across sectors including healthcare, government and financial services. Its customer base includes around two-thirds of NHS Acute Health Trusts and approximately half of UK local authorities.

  • Galliford Try Appointed to University of Oxford £1.6 Billion Construction Framework

    Galliford Try Appointed to University of Oxford £1.6 Billion Construction Framework

    Galliford Try (LSE:GFRD) has been appointed to the University of Oxford’s Oxford Inspire construction framework, which has a potential value of up to £1.6 billion over eight years.

    The construction group has secured a place on Lot 2 of the framework, covering projects valued at more than £15 million.

    The framework will be used for construction work across the University of Oxford’s estate, including large-scale new-build developments and refurbishment projects.

    Galliford Try’s appointment provides the company with the opportunity to compete for individual projects awarded through the framework. The information provided does not specify the value of work that will ultimately be awarded to the company.

    The appointment adds to Galliford Try’s activities in the UK education sector, where it delivers construction projects for public and institutional clients.

    About Galliford Try

    Galliford Try Holdings is a UK construction group listed on the London Stock Exchange and a constituent of the FTSE 250.

    Operating under the Galliford Try and Morrison Construction brands, the group delivers building and infrastructure projects for public, private and regulated-sector clients across the UK.

  • European Green Transition Secures High Court Approval for Capital Reduction

    European Green Transition Secures High Court Approval for Capital Reduction

    European Green Transition plc (LSE:EGT) has received High Court approval for a reduction of its share premium account, a measure intended to create distributable reserves for potential future shareholder distributions.

    The capital reduction will become effective once the court order and accompanying statement of capital have been registered with the UK companies registrar.

    The transaction will not change the number of European Green Transition shares in issue.

    Once effective, the reduction will create distributable reserves that could provide the company with the ability to pay dividends or make other distributions to shareholders in the future. European Green Transition cautioned, however, that there is no guarantee that any such distributions will be made.

    The company is pursuing a buy-and-build strategy focused on critical infrastructure services in the UK and Ireland. Its activities include operations, maintenance, repairs and remote monitoring for onshore wind turbines.

    European Green Transition is also seeking to dispose of or partner non-core mining projects as it focuses capital on its critical infrastructure operations.

    About European Green Transition

    European Green Transition is an AIM-listed critical infrastructure company focused on acquiring, integrating and scaling revenue-generating businesses in the UK and Ireland.

    Its wind services platform comprises Earthmill, WEP Wind Energy Partnership, Silverford Engineering and Anemos Analytics, providing services covering more than 900 onshore wind turbines.

    The company also holds mining assets, including the Olserum rare earths project in Sweden, which it is seeking to sell or develop through partnerships.

  • Helix Exploration Reports Highest Helium Readings to Date at Rudyard Well

    Helix Exploration Reports Highest Helium Readings to Date at Rudyard Well

    Helix Exploration PLC (LSE:HEX) has completed drilling of the Ollie #1 well at its Rudyard helium project in Montana, reporting the highest mudlog helium readings recorded at the project to date.

    The company said the well was completed ahead of schedule and below budget as part of its programme to expand production capacity at Rudyard.

    Helix plans to perforate and test Ollie #1 to assess flow rates and gas composition. Subject to satisfactory results from that work, the company intends to connect the well to its existing Rudyard infrastructure.

    The company is also progressing with the drilling of the Ross #1 well as part of the same expansion programme.

    Helix operates across helium drilling, production, processing and liquefaction. In addition to Rudyard, the company owns the Keyes Helium Complex in Oklahoma, which provides helium liquefaction capacity.

    Rudyard began production in 2026, although output is currently subject to a regulatory pause in Montana.

    About Helix Exploration

    Helix Exploration is a US-focused helium producer and liquefier with operations covering drilling, production, processing and liquefaction.

    Its assets include the Rudyard helium project in Montana and the Keyes Helium Complex in Oklahoma. The company also owns an in-house drilling rig and is pursuing additional drilling at Rudyard alongside processing capacity and third-party liquefaction services.

  • Bridgepoint Raises 2026 EBITDA Guidance and Introduces New Shareholder Distribution Policy

    Bridgepoint Raises 2026 EBITDA Guidance and Introduces New Shareholder Distribution Policy

    Bridgepoint Group plc (LSE:BPT) has raised its 2026 EBITDA guidance and updated its medium-term expectations for performance-related earnings following investment returns from ECP V and a higher valuation for ProEnergy.

    The private markets investment firm now expects performance-related earnings (PRE) to account for 37% to 39% of total income in 2026. Over the medium term, PRE is expected to represent between 25% and 30% of total income.

    Bridgepoint expects its EBITDA margin to be approximately 60% in both 2026 and 2027. The company also forecasts management fee growth of between 13% and 16% on a rolling three-year basis.

    Operating expenses are expected to increase at a high-single-digit rate in 2026 before growth moderates to a mid-single-digit rate from 2027.

    Fundraising Target Reached Ahead of Schedule

    Bridgepoint said it achieved its €28 billion fundraising target for the 2024-2026 cycle one quarter ahead of schedule.

    Fundraising during the period has included Bridgepoint Direct Lending IV and ECP VI, alongside progress with Bridgepoint Europe VIII.

    The group is also expanding its private markets platform through the planned acquisition of Kayne Anderson Real Estate. Its activities currently span private equity, direct lending, and energy and infrastructure strategies in Europe and North America.

    Bridgepoint Sets New Capital Return Framework

    Bridgepoint has also announced a revised shareholder distribution framework alongside a rebasing of its 2026 dividend.

    From 2027, dividends will be paid quarterly. The company is targeting total shareholder distributions equivalent to 40% to 60% of Cash from Profits under the new framework.

    Bridgepoint expects cash receipts from carried interest and co-investments to total approximately £2.4 billion over the next five years.

    The company said it intends to maintain net leverage below two times while retaining capacity for investment in growth initiatives and mergers and acquisitions.

    From its 2026 results, Bridgepoint will begin reporting a new Cash from Profits measure. The metric will comprise operating cash generated from fee-related earnings together with carried interest and co-investment receipts, after interest, lease and tax payments.

    About Bridgepoint Group

    Bridgepoint Group is a listed private markets investment firm operating across private equity, direct lending, and energy and infrastructure strategies, primarily in Europe and North America.

    Its investment products include the Bridgepoint Europe, Bridgepoint Direct Lending and Energy Capital Partners fund families. The group generates income from management fees and performance-related earnings, including carried interest and co-investments.

    Bridgepoint is also expanding into real estate through its planned acquisition of Kayne Anderson Real Estate.

  • Headlam Sells Selected Assets to Likewise for £14.9 Million and Plans Listing Cancellation

    Headlam Sells Selected Assets to Likewise for £14.9 Million and Plans Listing Cancellation

    Headlam Group plc (LSE:HEAD) has completed the sale of selected assets to Likewise Group plc (LSE:LIKE) for £14.9 million plus VAT as part of the administration process that began in early September.

    The transaction includes Headlam’s freehold distribution centre in Thatcham, associated operational assets and inventory, as well as the Crucial Trading and Concept Flooring brands.

    Under the arrangements, Likewise will also act as an agent for up to nine months to assist with the sale of Headlam’s remaining inventory.

    The administrators said the transaction generated a profit on disposal when compared with the relevant book values and recent valuations.

    However, the joint administrators expect proceeds from the transaction and any further asset realisations to be insufficient to repay unsecured creditors in full. They therefore consider it unlikely that Headlam shareholders will receive a return of capital through the administration process.

    Separately, the joint administrators intend to apply for the cancellation of Headlam’s listing on the FCA’s Official List and the cancellation of its shares from trading on the London Stock Exchange’s main market.

    The administration and asset disposal process remains under the supervision of the joint administrators.

    About Headlam

    Headlam Group is a UK floorcoverings distributor supplying products including carpets, vinyl and other flooring materials to trade customers.

    The business operates distribution facilities and has owned a portfolio of flooring brands serving the UK market.

  • Manolete Partners Reports Record H1 Revenue of £17.4 Million

    Manolete Partners Reports Record H1 Revenue of £17.4 Million

    Manolete Partners (LSE:MANO) reported record realised revenue of £17.4 million for the six months ended 30 September 2026, an increase of 23% from the corresponding period a year earlier.

    The insolvency litigation financing company attributed the increase to a higher number of completed cases and a greater proportion of larger claims during the period.

    The forecast revenue value of new case signings increased 26% year-on-year to £17.3 million. Manolete said this reflected its focus on larger insolvency claims.

    The company’s forward book reached a record £69 million at the end of the half year. Management said the level of the forward book supports its expectations for full-year revenue and profit in FY27.

    Gross cash receipts declined during the period, while net debt increased by £2.1 million. Manolete attributed the increase in net debt to the timing of settlements and enforcement issues involving two major debtors.

    The company continues to pursue the collection and enforcement of amounts due while progressing its existing portfolio of insolvency-related litigation claims.

    About Manolete Partners

    Manolete Partners specialises in acquiring, financing and managing insolvency-related litigation claims in the UK.

    The company purchases or finances claims and manages them through to monetisation using its in-house legal team. Manolete has completed more than 1,600 cases and estimates the UK market for insolvency litigation claims at approximately £500 million annually.

  • Seraphim Space Investment Trust Reports New Investments in Pixxel and Hubble

    Seraphim Space Investment Trust Reports New Investments in Pixxel and Hubble

    Seraphim Space Investment Trust Plc (LSE:SSIT) highlighted new and follow-on portfolio investments during September 2026, including funding rounds involving Pixxel and Hubble.

    The investment trust said it co-led hyperspectral imaging company Pixxel’s $100 million Series C financing round. It also participated in satellite connectivity company Hubble’s $200 million fundraising, which valued Hubble at $1.6 billion.

    The investments increase SSIT’s exposure to technologies including Earth observation and satellite-based connectivity. Hubble is developing satellite-enabled Bluetooth connectivity, while Pixxel operates in the hyperspectral imaging market.

    Elsewhere in the portfolio, companies including ICEYE, HawkEye 360, Voyager Technologies, Astroscale and LeoLabs reported contracts and partnerships during the period. These activities covered areas including Earth intelligence, defence applications, orbital debris management and radar infrastructure.

    Seraphim New Space Index Underpins New ETF

    Seraphim Space also highlighted the launch of the Seraphim New Space UCITS ETF, which is based on the Seraphim New Space Index.

    SSIT is the largest constituent of the index. The investment product is intended to provide public-market exposure to companies operating across the commercial space sector.

    The newsletter also noted developments elsewhere in the space industry, including SpaceX’s first orbital Starship mission and a Spectrum launch by Isar Aerospace.

    Seraphim Space additionally noted share-price volatility among publicly traded SpaceTech companies following recent initial public offerings.

    About Seraphim Space Investment Trust

    Seraphim Space Investment Trust is a London-listed investment company focused on businesses operating in the space technology sector.

    Its portfolio includes early and growth-stage companies involved in areas such as Earth observation, satellite communications, space-based intelligence and orbital infrastructure, providing shareholders with exposure to a portfolio that predominantly comprises privately held SpaceTech businesses.

    The trust is managed by Seraphim Space Manager LLP, which is also involved in developing sector-focused indices and investment products.

  • Hostelworld Reports 7% Q3 Revenue Growth as Transactions Decline 2%

    Hostelworld Reports 7% Q3 Revenue Growth as Transactions Decline 2%

    Hostelworld Group plc (LSE:HSW) reported a 7% year-on-year increase in net revenue to €27.9 million for the third quarter of 2026, while net transactions declined 2%.

    The company attributed the reduction in transactions to conflict in the Middle East and lower long-haul travel demand. Its effective commission rate increased to 17.8% during the quarter.

    For the year to date, Hostelworld reported net revenue of €80.1 million, up 10% from the corresponding period, while its effective commission rate increased to 17.7%. Adjusted EBITDA reached €16.5 million.

    The group maintained its full-year guidance for net revenue growth of approximately 10% and an adjusted EBITDA margin of around 20%.

    Hostelworld said bookings made through its app represented 64% of net bed-nights. The company also reported increased use of its chat functions and is using artificial intelligence tools for traveller matching and content discovery.

    The group is investing in paid social marketing and developing products including social passes, third-party budget accommodation and integrated event discovery as part of its strategy to expand its social member base.

    Looking ahead, Hostelworld expects continued pressure on long-haul travel to constrain net revenue growth in 2027. The company currently anticipates mid-single-digit net revenue growth for the year.

    Hostelworld Responds to AGM Political Donations Vote

    Separately, Hostelworld provided an update following shareholder opposition to a resolution at its 2026 annual general meeting seeking authority to make political donations.

    The board said its assessment indicated that voting against the resolution reflected general investor policies rather than concerns specific to Hostelworld.

    Following shareholder engagement, the board said it would continue its dialogue with investors and would not seek a similar authority relating to political donations at the company’s 2027 AGM.

    About Hostelworld

    Hostelworld Group is an online travel agent focused on hostel accommodation and social travel.

    Its platform includes hostel and city chat rooms, recommendations, event discovery and social products alongside accommodation booking services. The company generates revenue primarily through commissions on bookings and also offers third-party accommodation inventory and other social travel products.

  • London BTC Reports Gold and Silver Assays From Teep Project in Nevada

    London BTC Reports Gold and Silver Assays From Teep Project in Nevada

    London BTC Company Limited (LSE:BTC) has reported assay results from its maiden exploration programme at the Teep Gold-Silver Project in Nevada, following analysis of 78 rock chip samples collected across 3.5 kilometres of historical workings.

    The company said 37 of the samples returned gold grades above 0.5 grams per tonne (g/t), including nine samples grading above 10 g/t gold. The highest-grade sample returned 104.99 g/t gold and 456.2 g/t silver and was collected from what the company described as a previously unrecorded mine.

    According to London BTC, gold mineralisation was identified across all five clusters of historical workings sampled during the programme. At the Eastern Vein Network, mineralisation was recorded across more than 750 metres of strike.

    The company said the results indicate mineralisation across a broader trend at Teep rather than being confined to an individual high-grade occurrence. The latest assays also include the highest grades reported at the project to date.

    Dahrouge Geological Consulting is expected to undertake a geological assessment of Teep to evaluate the project’s economic potential. The work will also extend geological coverage to approximately two kilometres of the trend that has yet to be sampled.

    London BTC said a further 206 samples collected from its other Nevada projects are currently undergoing laboratory analysis.

    The Teep programme follows earlier due diligence sampling that resulted in London BTC staking the project.

    About London BTC Company Limited

    London BTC Company Limited is a resources company listed on the main market of the London Stock Exchange and on the OTCQB market in the US.

    The company is developing a portfolio of precious and strategic metals projects, with exploration focused on gold and silver alongside antimony and tungsten targets in Nevada, Arizona and Texas.

    Its Nevada portfolio includes the Teep Gold-Silver Project in the Tokop Mining District, as well as the Huntington-Whitman, Black Star and Amonett-Frank prospects.