London · Delayed Price · Currency is GBP · Price in GBX Calnex Solutions Earnings Call Transcripts
Fiscal Year 2026
-
Revenue grew 9% year-over-year to £8 million, with gross margin rising to 76% and improved profitability. Diversification into cloud, data center, and government/defense sectors is driving growth, while telecoms remains subdued. Management expects continued growth and positive cash flow in H2.
Fiscal Year 2025
-
Returned to profit with 13% revenue growth, improved margins, and strong cash flow, driven by new product launches and diversification into cloud and enterprise sectors. Confident in continued growth for FY 2026, supported by ongoing R&D and a broadened partner network.
-
Revenue declined 6% year-over-year to £7.4 million with a £1.3 million loss, but gross margin remained strong at 74%. New product launches and expanded channel partnerships are expected to drive H2 growth, despite ongoing telecom sector challenges.