Concurrent Technologies Earnings Call Transcripts
Fiscal Year 2026
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Record H1 2026 results with revenue of £23.2m, profit of £3.2m, and order intake of £46.9m. Systems business turned profitable, gross margin improved, and backlog for 2027 is set to reach £40–50m. Board confident in exceeding expectations for 2026–2028.
Fiscal Year 2025
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Record FY 2025 revenue and profit growth driven by strong Systems and Products performance, robust cash generation, and expanded U.S. presence. Outlook for 2026 is strong, with a healthy backlog and pipeline, though timing of large defense orders remains a key variable.
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Record first-half revenue and order intake driven by defense sector growth, especially in the U.S. and U.K. Gross margin held at 51% despite a higher systems mix, and management expects to exceed market expectations for the year.