UK's Accesso Technology 2025 revenue rises on increased adoption of SaaS solutions

Accesso Technology

30/03/2026 07:08

Overview

UK attractions technology provider's 2025 revenue grew 1.8% yr/yr despite softer attendance

Adjusted EBITDA for 2025 rose 0.8% yr/yr, margin remained broadly stable

Company completed $20 mln tender offer post year end, acquired Dexibit for AI capabilities

Outlook

Accesso expects 2026 revenue and Cash EBITDA to be about $146m and $20.0m respectively

Company expects $4.5m-$5.0m revenue from Middle East milestones in 2026, with $2.5m yet to be achieved

Company says AI integration is expected to drive growth and enhance platform value

Result Drivers

MACROECONOMIC PRESSURE - Co said transactional revenues were impacted by constrained discretionary spending and broader macroeconomic conditions, particularly affecting attendance-driven solutions

COMMERCIAL EXECUTION - Co reported 43 new venue wins and increased adoption of SaaS solutions, attributing this to sharper commercial focus and a more disciplined go-to-market strategy

COST CONTROL & AI EFFICIENCY - Co said profitability was supported by disciplined cost management, workforce reductions and productivity gains from AI-enabled tools

Company press release: ID:nRSd5385Ya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
$155.11 mln
FY Adjusted EBITDA
$23.02 mln
FY Pretax Profit
$14.32 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for accesso Technology Group PLC is GBp550.00, about 128.2% above its March 27 closing price of GBp241.00

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)