Interim results are in line with July’s trading update, alongside unchanged and derisked full-year expectations and a strong pipeline supporting prospects. Revenue grew +12% yoy to £5.9m, driven by +21% growth in project revenue to £2.7m, due to favourable project order intake timing, while recurring revenue from SLAs grew +7% to £3.3m (55% of group revenue). Combined with strong opex control, and excluding £0.8m exceptional cash costs related to January’s strategic update, adj EBITDA grew +39% ....
