Marks Electrical Group (MRK) Trading update summary

Trading performance and financial results

• Full year revenue for FY26 expected at £108.5m, in line with previous guidance.

• Unaudited adjusted EBITDA reached £2.65m, exceeding earlier expectations.

• Net cash at year end stood at £4.45m, ahead of prior indications.

Outlook and strategic direction

• Entering FY27 with positive trading momentum and a stronger cash position.

• Board anticipates sustainable growth in both revenue and profitability for FY27.

• Continued focus on margin discipline and operational efficiency expected to drive further gains.

Business model and market position

• Operates as a technology-driven e-commerce retailer in the UK domestic appliances and consumer electronics market.

• Offers over 4,500 products from more than 50 leading brands, with direct delivery, installation, and recycling services.