Newmark Security (NWT) H2 2025 earnings summary

Executive summary

• Entered the new financial year with strong Q1 trading and a new five-year supply agreement in Europe, expanding market reach.

• Laid foundations for direct-to-end-user channel with major HCM platforms (Oracle, Workday, SAP) and announced key partnerships.

• Extended product mix with a digital solution (GT tablet) and maintained tariff-neutral status for core devices.

• Recognized for achievements with Forbes article and AIM award nomination.

Financial highlights

• Group revenue for FY25 was £23M, up 3% year-over-year; EBITDA increased 8% to £2.4M.

• HCM division revenue grew 14% to £15.4M, now 67% of group revenue; annual recurring revenue (ARR) up 24% to £3.6M.

• Gross profit margin rose 2.2 points to 40.7%; profit after tax increased by £600K to £700K.

• Group debt reduced by £900K to £4M; cash at year-end was £300K, down £800K due to debt repayments.

Outlook and guidance

• Strong start to FY26 with robust sales pipeline and deferred contracts from FY25 expected to contribute.

• Anticipates continued growth in recurring revenues and further expansion in North America via direct-to-end-user channel.

• Strategic review ongoing for Safetel and Access Control to maximize shareholder value; updates expected at half-year.