Made Tech expects FY26 results ahead of market forecasts after revenue and EBITDA growth

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Made Tech FY26 results ahead

Highlights

Made Tech reports FY26 revenue of £58.9 million, up 27%, and adjusted EBITDA of £5.9 million, up 69%, both ahead of market expectations.
Net cash increases to £14.5 million as of 31 May 2026, from £10.4 million last year, with Made Tech remaining debt-free and emphasizing flexibility for future growth.
Robust FY27 visibility supported by a £19 million Government Digital Service contract and strong sales bookings, buoyed by upcoming UK government Spending Review benefits from April 2026.

FY26 trading performance and outlook

As reported by the London Stock Exchange's Regulatory News Service, Made Tech says revenue for FY26 reaches £58.9 million, up 27% from the prior year and ahead of market expectations. Adjusted EBITDA rises 69% to £5.9 million, while the adjusted EBITDA margin improves by 250 basis points year on year to about 10.0%, earlier than previously indicated guidance had suggested.

The group says net cash stands at £14.5 million as of 31 May 2026, compared with £10.4 million a year earlier. Made Tech also remains debt-free, which it says leaves the business with flexibility to pursue further growth opportunities.

The company expects FY26 to be ahead of recently upgraded market expectations and plans to publish full-year results in September. It also says it will provide a further update on current trading at that time.

Public sector demand supports FY27 visibility

Management says sales bookings momentum, including a recently awarded £19 million contract with the Government Digital Service, and a healthy contracted backlog provide solid revenue coverage for FY27 and beyond. The company adds that it remains well positioned to benefit from the UK government's Spending Review announced in June 2025 and available from April 2026.

Chief Executive Officer Rory MacDonald says FY26 is a transformational year for the company, citing stronger revenue growth, improved profitability and better cash generation. He says artificial intelligence is creating new product and growth opportunities, and that recent contract wins reinforce Made Tech's position in critical government programmes.

Our earlier report on the Lloyds business barometer highlighted a dip in UK business confidence in June as cost pressures and broader uncertainty weighed on sentiment. It noted that views on the wider economy weakened more sharply than companies’ assessments of their own trading prospects, while hiring intentions improved for the first time in three months.

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