- AdvancedAdvT Limited NPV (DI)
- 04 November 2025 15:48:09
Source: Sharecast
The AIM-traded software group, which provides business solutions and compliance software, said revenue increased to £25.4m from £19.9m a year earlier, with organic growth accounting for 10.1% of the total.
Recurring revenue rose to £20.6m, representing 81% of group revenue compared with 80.4% in the prior year period.
Adjusted EBITDA jumped 76.3% to £7.2m, ahead of management expectations, with 45% generated organically.
Operating profit more than doubled to £4.7m from £2.1m, while cash holdings rose to £97m from £88.5m at the end of February.
Reported basic earnings per share were 2.17p, compared with 5.89p a year earlier, though adjusted earnings per share on operating profit improved to 5.24p from 3.02p.
During the period, AdvancedAdvT completed the acquisitions of GOSS Technology Group, a digital transformation platform, and HFX Limited, a workforce management software-as-a-service (SaaS) provider, for a combined £12.4m net of cash acquired.
The company said both acquisitions had been integrated efficiently and were performing well.
“We are pleased with the group's performance in the first half of the year against a backdrop of tariff uncertainty and local government devolution,” said chair Vin Murria.
“The completion of two strategic acquisitions, GOSS and HFX, marks a further step forward, and it is great to welcome both teams into the group.”
Murria added that the results reflected the mission-critical nature of the company’s solutions, and the “continued progress” it was making in operational performance and improvement.
“Over the longer term we continue to see opportunities for organic growth, particularly with AI, automation and SaaS offerings and we remain committed to exploring acquisition opportunities to further expand the group.”
The company said it was focused on driving further operational efficiencies and strengthening its portfolio through both organic initiatives and targeted acquisitions.
At 1506 GMT, AdvancedAdvT shares were down 2.63% at 185p.
Reporting by Josh White for Sharecast.com.