AdvancedAdvT (ADVT) Trading Update summary

Financial performance highlights

• Revenue expected at approximately £53 million, up from £43.3 million in FY25.

• Adjusted EBITDA projected at not less than £14.4 million, compared to £11.3 million in FY25.

• Adjusted EBITDA margin exceeds 27%, up from 26% in the prior year.

• Recurring revenue represents about 80% of total revenues.

• Cash balance anticipated to be around £96 million as of 28 February 2026.

Operational and strategic update

• Strong performance in the second half of the year, surpassing market consensus for revenue and EBITDA.

• Operational improvements have driven margin expansion since the first reporting period.

• High customer retention and sustained demand across both business divisions.

• Investments of approximately £15 million planned.

• AI is viewed as enhancing platform value and productivity, not as a disruptive threat.

Business overview and growth strategy

• Provides software solutions in business solutions, healthcare compliance, and human capital management.

• Focuses on AI, data analytics, and business intelligence as growth drivers.

• Pursues organic growth and acquisitions to expand into adjacent markets and geographies.