Cake Box (CBOX) H2 2026 TU earnings summary

Executive summary

• Achieved strong revenue growth and profitability in line with market expectations, driven by new store openings, positive like-for-like sales, and the first full-year contribution from Ambala Foods.

• Second-half revenue and profit exceeded first-half levels, reflecting sustained trading momentum and disciplined execution of growth strategy.

• Enhanced omni-channel offering and upgraded CRM platform contributed to customer acquisition and engagement.

Financial highlights

• Group revenue for FY26 expected at approximately £61.2m, up 43% year-over-year (FY25: £42.8m).

• Excluding Ambala, Cake Box revenues projected at £46.7m, a 12% increase from FY25 (£41.9m).

• Profit anticipated to be in line with market expectations.

Outlook and guidance

• Operational foundations set for future growth and higher profitability as synergies from Ambala integration are realized.

• Confidence in business model resilience, supported by a growing store estate and continued investment in technology.

• Cautious outlook due to unpredictable impact of recent geopolitical developments and inflationary risks.