Newmark Security Earnings Call Transcripts
Fiscal Year 2026
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Group revenues rose 13% year-on-year to £11.6 million, with adjusted EBITDA doubling and HCM recurring revenues up 30%. Strong H2 is expected, driven by new partnerships, product launches, and robust subscription growth, with both divisions forecast to surpass prior year results.
Fiscal Year 2025
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Revenue grew 3% to £23M with EBITDA up 8%, driven by 14% HCM growth and 24% ARR increase. Strong recurring revenue, new partnerships, and product launches position the group for further expansion, while strategic reviews of Safetel and Access Control are underway.
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First-half results show a slight revenue dip and an anticipated loss due to strategic investments, but recurring revenues and gross margins are up. Management expects a strong second half, driven by robust sales pipelines, new partnerships, and continued margin improvement.