AdvancedAdvT shares fall despite higher revenue, earnings.


AdvancedAdvT reported higher annual revenue and earnings on Monday, supported by acquisitions, strong renewals and growth in recurring income.

  • AdvancedAdvT Limited NPV (DI)
  • 29 June 2026 13:54:42
AdvancedAdvT

Source: Sharecast

The AIM-traded software group said revenue rose 23% to £53.4m in the year to 28 February, while recurring revenue grew 24% to £43.2m, representing 81% of the total.

Adjusted EBITDA increased 28% to £14.5m, pre-tax profit before fair value movements rose 21% to £13.4m, and year-end cash stood at £96.2m.

Executive chair Vin Murria said performance was ahead of management expectations, reflecting “continued operational focus, high renewal activity, the expansion of recurring and multi-year revenues, and growing customer demand for dependable software”.

She said the group remained well positioned for disciplined organic investment and selective acquisitions after buying HFX, GOSS and the MatchingCore intellectual property during the year.

At 1256 BST, shares in AdvancedAdvT were down 1.79% at 152.22p.

Reporting by Josh White for Sharecast.com.

See latest RNS on Investegate


Exchange: London Stock Exchange
Sell:
0.00
Buy:
0.00
Change: -1.36 ( -0.17 %)
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Halifax is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.