UK's Cambridge Cognition H1 revenue rises 16%, debt repaid

Cambridge Cognition Holdings

16/09/2026 07:12

Overview
UK neuroscience technology firm's H1 2026 revenue rose 16% yr/yr to £5.0 mln
Adjusted EBITDA loss for H1 improved to £0.3 mln from £0.4 mln
Company completed £2.6 mln fundraising in July and repaid debt, now debt-free

Outlook
Company sees FY 2026 revenue of not less than £10 mln
Company expects significant revenue growth in 2026 despite £0.7 mln revenue deferred to 2027
Company says pipeline of new business opportunities is deep and broad for year-end and beyond

Result Drivers
CORE SEGMENT GROWTH - Revenue growth was driven by increased activity in clinical studies and academic research, per company
NEW MARKET PILOTS - First revenues from Healthcare and Consumer Wellness pilots contributed to overall growth, per company
OPERATIONAL EFFICIENCY - Completion of major software platform upgrade enabled improved operational effectiveness and gross margin, per company

Company press release: ID:nRSP9881Ua

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 EBIT
 
-GBP 626,000
 

Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "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 Cambridge Cognition Holdings PLC is GBp57.00, about 103.6% above its September 15 closing price of GBp28.00
The stock recently traded at 345 times the next 12-month earnings vs. a P/E of 144 three months ago

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Sept 15 - UK's Wickes sees sales pick up as customers chase value

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(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.)