REG - Concurrent Tech. - Interim Results
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RNS Number : 3038Y Concurrent Technologies PLC 08 September 2025
8 September 2025
Concurrent Technologies Plc
(the "Company" or the "Group")
Half year results for the six months to 30 June 2025
Record H1 performance whilst investing for future growth
Concurrent Technologies Plc (AIM: CNC), a designer and manufacturer of
leading-edge computer products, systems, and mission-critical solutions used
in high-performance markets by some of the world's major OEMs, is pleased to
announce its results for the six months to 30 June 2025 ("H1 2025").
Financial highlights
H1 2024 H1 2025 % change
Revenue £16.8m £21.1m +26
Gross profit £8.5m £10.7m +26
Profit before tax (PBT) £2.3m £2.7m +17
Earnings per share 2.68p 2.78p +4
EBITDA £3.3m £4.0m +21
Order intake £17.8m £22.3m +25
Closing cash £8.9m £7.8m -12
· A successful delivery of a record H1 financial performance, whilst continuing
to invest in the Company to position Concurrent for ongoing future growth.
o Products business unit recorded strong organic growth:
§ Revenue up 10% to £17.9m (H1 FY24: £16.3m).
§ Profit up 12.5% to £3.2m (H1 FY24: £2.8m).
o Systems business unit beginning to show the growth profile for the future
with ongoing investment in operations:
§ Revenue of £3.2m (H1 FY24: £0.5m).
§ Loss consistent at £0.5m (H1 FY24: £0.5m).
· Order intake across the Group rose to £22.3m, an increase of 25% compared to
H1 FY24, driven by strong performance in the UK, Europe and Rest of the World
("ROW").
o US order intake was initially curtailed due to the delayed defence budget
approval, with the US contracting environment expected to increase in run rate
in H2 FY25.
· Focus remains on balancing cost and profitability, delivering EBITDA of £4.0m
while maintaining investment in Product R&D (£1.8m) and the Systems
business unit.
· The Group continues to have a strong cash position at £7.8m (H1 FY24:
£8.9m), with the year-on-year movement reflecting:
o £2.7m rise in trade debtors, to £8.6m.
o First time dividend payment of approximately £1m.
o c.£2.2m increase in inventory levels from H1 FY24 to support future
growth.
· Foreign exchange movements have had a negative impact on Group profitability
due to the movement of the US Dollar against Sterling, the impact in the
period is £0.7m.
· Agreed a new Revolving Credit Facility for £5m with NatWest, ensuring
flexibility over the Group's financing options across the medium term as the
Company executes on its growth strategy.
Operational highlights
· Growing momentum across the Products and Systems business units, driven by new
design wins across key geographies, including:
· Significant £3.4m order for the Company's VME-based 6U computer
boards.
· Record £90m lifetime value major design wins.
· Post-period end secured the largest UK defence win to date, for
£4.0m, to supply VME computers to a prominent prime contractor.
· Launched Kratos, one of the first and most powerful rugged plug-in card's
(PICs) available today, built on Intel's latest 6516P-B processor which the
Company had access to six months early.
· Improvement in factory efficiency following investment in machinery, test
equipment and power infrastructure.
· Progress with Colchester facility to improve capacity by end of FY26 and the
Systems business unit is on track for relocation into a new facility in the
Brea region of Los Angeles in H2 FY25, to meet the growing demand for the
Group's products.
· Strategic hires continued, especially in Systems e.g. Project Director;
Headcount now 170 (22 in Systems).
Outlook
· Focus remains on converting the strong sales pipeline, underpinned by the
continued delivery of market-leading technology that reinforces Concurrent's
competitive advantage.
· While the Group continues to monitor the pace at which US customers mobilise
into placing orders following the recent DoD budget approval, the Board is
confident in delivering a financial performance ahead of FY25 market
expectations.*
Miles Adcock, CEO of Concurrent Technologies, commented: "We've delivered a
strategically important first half, with a record financial performance,
driven by continued momentum in our core Products business unit, and progress
in our Systems business unit that strengthens the foundation for future
growth. Innovation remains central to our strategy, evidenced by the early
success of our Kratos product, reflecting Concurrent's ability to deliver
market-leading technology.
"The momentum we've built in the first half, along with robust order intake
and disciplined investment, reinforces our confidence in the full-year
outlook. While we are closely monitoring the broader macroeconomic and
geopolitical landscape, the Group is well-positioned to continue delivering on
its long-term growth ambitions."
*In so far as the Board is aware, consensus market expectations for FY25 are
revenues of £43m and profit before tax of £6m.
Enquiries:
Concurrent Technologies Plc
Miles Adcock - CEO
+44 (0)1206 752626
Kim Garrod - CFO
Alma Strategic Communications +44 (0)20 3405 0205
Josh Royston
Hannah Campbell
Will Merison
Cavendish Capital Markets Limited (NOMAD) +44 (0)131 220 9771
Neil McDonald
+44 (0)131 220 9772
Peter Lynch
Concurrent Technologies Plc
Concurrent Technologies Plc develops and manufactures high-end embedded Plug
In Cards (PICs) and Systems for use in a wide range of high-performance,
long-life cycle applications within the telecommunications, defence, security,
telemetry, scientific and aerospace markets, including applications within
extremely harsh environments. The processor products feature
Intel® processors, including the latest generation embedded Intel® Core™
processors, Intel® Xeon® and Intel Atom™ processors. The products are
designed to be compliant with industry specifications and support many of
today's leading embedded Operating Systems. The products are sold
world-wide.
For more information on Concurrent Technologies Plc and its products please
visit www.gocct.com (http://www.gocct.com/) .
CEO Statement
Overview
The first half of FY25 marked a significant milestone in Concurrent
Technologies' evolution, underpinned by record breaking revenue, profit, and
order intake. This performance reflects the successful execution of our
strategy as we continue to deliver innovative technology for our customers,
strengthening our position ahead of the next phase of long-term growth.
Despite currency dynamics, the Group delivered its strongest H1 performance to
date, evidence of both operational resilience and the growing demand for our
differentiated technology offering.
Financial Performance
Revenue for H1 2025 increased by 26% to £21.1m (H1 FY24: £16.8m) and profit
before tax increased to £2.7m (H1 FY24: £2.3m). This has been driven by
strong order intake of £22.3m, a 25% increase on the prior year. Growth was
primarily driven by the UK and RoW markets, with performance in these regions
offsetting the delays to US contracting, which were caused by the approval
process for the Department of Defence budgets for 2025. The US pipeline
remains robust and contracting in the second half is expected to pick up, but,
consistent with the broader industry, we remain mindful of the potential
impact of the timings of orders and global supply chain trends. This standout
performance was also achieved despite a negative £0.6m impact to profit
relative to last year, which was driven by the USD exchange rate.
We continue to secure design wins across both the Products and Systems
business units, reinforcing confidence in the Group's medium and long-term
growth trajectory. A typical design win yields purchase orders two to three
years after the initial award, with a revenue generating lifecycle that can
extend over seven to ten years. The design wins secured in H1 2025 have an
estimated lifetime value of £90m and serve as a key indicator of future
revenue potential and underpin the Group's focus on sustained, long-term
customer engagements.
Our financial position has been further strengthened by a new £5m revolving
credit facility agreed with NatWest, ensuring flexibility over our financing
options across the medium term as the Company executes on its growth strategy.
Products
The success of the Products division in H1 2025 has been underscored by the
launch of Kratos, a PIC that delivers more than twice the computing power of
any product we have ever released. Crucially, Concurrent received six months
early access to Intel's latest Xeon 6516P-B processor, on which the card is
built, making it one of the first solutions of its kind on the market. Kratos
is already generating exciting customer interest and highlights the
investments we have made to design and deliver leading technology solutions
within faster timeframes.
The launch of Kratos marks a clear delivery against our strategic objective to
enter the market rapidly with innovative products.
Post period end, we also announced the launch of Bragi, the first NVIDIA
graphics card in our product line up. This product has been developed by our
partner, EIZO Rugged Solutions, for the global defence and industrial
markets.
In January, we secured a significant £3.4m order for our VME-based 6U
computer boards from a long-standing European customer, with deliveries
scheduled through to 2027. Post-period end, we secured our largest UK defence
contract for £4.0m to supply a prominent prime contractor with rugged single
board computers that comply to the VME standard, custom-engineered from a
standard product to meet the customer's unique requirements. For ultimate
delivery to Europe, these computers will play a vital role in supporting
effective border protection. The first phase is for delivery through to 2028,
with additional orders expected to continue throughout the 2030s. These orders
underscores Concurrent's continued commitment to supporting the VME standard,
enabling customers to upgrade existing systems or extend application
lifecycles at a time when many competitors have exited this space.
Systems
The Systems business unit continues to perform well despite still being in the
early stages of its development, delivering £3.2m of revenue in H1 2025.
Whilst loss making in H1 2025, we are targeting for this division to break
even in FY25, reflecting the effectiveness of the Group's recent investments
in this area.
By continuing to enhance our systems capabilities, we are deliberately
shifting up the value chain in a move that positions Concurrent to capitalise
on significant growth opportunities in both the US and international markets.
Post-period end, we launched Apollo, a compact, rugged and powerful computer
system, designed to deliver real-time processing in demanding conditions.
Given the growing need for pace, agility, and real time responses in rapidly
evolving conditions, we are confident that Apollo is aligned with current and
future customer needs, and we are encouraged by the early interest.
I am proud of the strong progress made by our Systems business unit since the
acquisition of Philips Aerospace. The business unit generated revenues of
£2.1m in FY24 in its first year as part of the Concurrent Group - the
progress in H1 2025 highlights the strides we've already taken. The Systems
business unit is expected to become an increasingly material contributor to
Group performance, both in revenue generation and strategic differentiation.
As reported previously, to support growth, the business unit will soon move
into a new state-of-the-art facility in LA. The fit-out is nearly complete,
with move-in planned for early Q4 FY25. This will be an exciting milestone for
the Company as we grow our footprint in the USA and set the Systems unit up
for further expansion.
Operations
Following successful planning, we were pleased to pass User Acceptance Testing
for our new Microsoft Business Central ERP during the half, which went live in
August 2025. This modern, integrated system will enhance efficiency and
support more agile decision making across the Group. Progress also continues
to be made with the new UK facility to improve capacity by the end of FY26.
Increasing engagement with investors continues to be a priority, which led us
in the period to commence trading on the OTCQX® Best Market in the US. The
listing, in addition to AIM, better engages us with US investors, data
distributors and media partners, and we are pleased with the positive early
impact.
Finally, we recently marked Concurrent's 40th anniversary, a milestone that
reflects the company's track record of innovation and delivery. While it was
an opportunity to celebrate past achievements, it also reinforced our
confidence in the road ahead as we build on this legacy for the future. I
would like to thank my colleagues whose hard work and dedication remain
central to our business.
Summary and Outlook
The Group delivered strong first-half results, meeting expectations despite
USD fluctuations and defence budget delays. Operational improvements and
growing recognition of Concurrent as a trusted provider of high performing
computing solutions highlight progress, including the Kratos launch and
Systems business unit development, as well as post-period end, the Company's
largest UK design win to date. Our focus remains on converting the strong
sales pipeline as we continue to deliver cutting edge technology that keeps us
ahead of the market. Alongside this, with strategic momentum matched by
continued focus on R&D and innovation, the Group is confident in
delivering a financial performance ahead of FY25 market expectations.
Miles Adcock
Chief Executive Officer
CFO Statement
Financial review
The Group has delivered an excellent performance in H1 2025, underpinned by
continued strategic execution and a clear focus on growth. Strong commercial
momentum across both business units, combined with disciplined investment, has
translated into robust financial delivery for the Group.
Revenue
Revenue continues to grow, and we are delighted with the performance in both
our Products and Systems business units, with overall growth of 26%, to
£21.1m.
The Products unit delivered 10% growth and Systems, an exceptional 562%
increase in revenue. Backlog continues to grow steadily, with design wins
expected to translate into growth in production and revenues from FY26 and
beyond. In H1 2025, our Systems business has generated more revenue than in
most, if not all, prior years before Concurrent's ownership, showcasing the
strength of the Group's acquisition business case.
Profitability remains a balance between investment and growth. PBT increased
by 17%, despite the dilution of the investment in Systems of c£0.5m. It has
also been a more challenging year for foreign currency movements, specifically
related to the USD, as this has moved significantly over the period, creating
a charge to the business of c£0.7m (H1 FY24 £0.1m), due to the high levels
of trading we have in the US. On a constant currency basis profits PBT was up
43% over H1 FY24. The Systems business unit is currently loss making due to
the increased investment in headcount costs over this period in FY24, but we
are confident we are now at an appropriate critical mass to create and manage
performance. Our ability to secure and successfully deliver customer work has
been clearly demonstrated this half, and we expect this positive momentum to
continue into the second half of FY25.
Cash was strong at £7.8m (H1 FY24 £8.9m), despite a c£1m dividend payment,
which was not in H1 FY24. H1 trade debtors balance increased to £8.6m (H1
FY24 £5.9m), reflecting a strong delivery schedule at the end of the half.
Investment in inventory has grown by c£2m in H1 2025 to £12.9m (H1 FY24
£10.7m), in readiness for future deliveries.
Revolving Credit Facility
I am delighted that in H1 2025 we have been able to secure a £5m revolving
credit facility from our banking partners, NatWest, which furthers our ability
to manage our cash, investments and strategy accordingly. We are also working
with our partners to minimise the impact of foreign currency movements going
forward.
R&D investment
Product investment remains strong with £1.8m capitalised in H1 2025 (H1 FY24
£1.8m), with no impairment at the end of this period. Due to our increased
product development over the last three years with our increase in cadence of
technically complex products, our amortisation has grown by c£0.3m in period
to c£1m (H1 FY24 £0.7m).
Outlook
With an expanding backlog, growing customer base, and enhanced financial
flexibility, the Group remains well-positioned to deliver a financial
performance ahead of FY25 market expectations, while also building momentum
for future growth through design wins across both our Systems and Products
businesses.
Kim Garrod
Chief Financial Officer
Condensed Consolidated Statement of Comprehensive Income
Unaudited interim results to 30th June 2025
Six months Six months Year
ended ended ended
Note 30/06/25 30/06/24 31/12/24
CONTINUING OPERATIONS £ £ £
Revenue 21,055,885 16,806,040 40,324,083
Cost of sales (10,364,753) (8,262,205) (20,348,752)
Gross profit 10,691,132 8,543,835 19,975,331
Net operating expenses (8,019,754) (6,233,895) (14,782,064)
Group operating profit 2,671,378 2,309,940 5,193,267
Interest Costs (22,004) (34,271) (93,284)
Finance income 64,626 33,236 79,294
Exceptional acquisition expenses - (21,000) -
Profit before tax 2,714,000 2,287,905 5,179,277
Tax (312,628) 11,024 (476,839)
Profit for the period 2,401,372 2,298,928 4,702,438
Other Comprehensive Income
Exchange differences on translating foreign operations (123,845) (63,315) (53,556)
Tax relating to components of other comprehensive income - - -
Other Comprehensive Income for the period, net of tax (123,845) (63,315) (53,556)
Total Comprehensive Income for the period 2,277,527 2,235,613 4,648,882
Profit for the period attributable to:
Equity holders of the parent 2,401,372 2,298,928 4,702,438
Total Comprehensive Income attributable to:
Equity holders of the parent 2,277,527 2,235,613 4,648,882
Earnings per share
Basic earnings per share 4 2.78p 2.68p 5.49p
Diluted earnings per share 4 2.64p 2.55p 5.18p
Adjusted earnings per share 2.78p 2.71p 5.18p
50.8% 50.8% 49.5%
CONDENSED CONSOLIDATED BALANCE SHEET
Unaudited interim results to 30th June 2025
As at As at As at
30/06/25 30/06/24 31/12/24
ASSETS £ £ £
Non-current assets
Property, plant and equipment 2,614,254 2,538,301 2,686,772
Intangible assets 16,523,654 15,262,421 15,392,208
Deferred tax assets - 432,642 -
Other Financial Assets - - -
19,137,909 18,233,364 18,078,980
Current assets
Inventories 12,931,712 10,687,202 10,875,616
Trade and other receivables 10,703,924 7,402,705 8,104,112
Current tax assets - 720,963 14,957
Other Financial Assets - - -
Cash and cash equivalents 7,827,689 8,948,035 13,706,703
31,463,325 27,758,905 32,701,389
Total assets 50,601,234 45,992,269 50,780,369
LIABILITIES
Non-current liabilities
Deferred tax liabilities 2,556,151 2,096,186 2,123,264
Trade and other payables 277,813 577,847 446,477
Long term provisions 326,596 315,135 326,596
3,160,560 2,989,168 2,896,337
Current liabilities
Trade and other payables 6,834,929 5,410,615 8,940,768
Short term provisions 18,256 18,256 18,256
Current tax liabilities - - -
6,853,185 5,428,871 8,959,024
Total liabilities 10,013,745 8,418,039 11,855,361
Net assets 40,587,489 37,574,230 38,925,008
EQUITY
Capital and reserves
Share capital 864,303 861,692 861,692
Share premium account 9,950,231 9,950,231 9,950,231
Merger reserve 1,283,457 1,283,457 1,283,457
Capital redemption reserve 256,976 256,976 256,976
Cumulative translation reserve (306,677) (192,591) (182,832)
Profit and loss account 28,539,199 25,414,465 26,755,483
Equity attributable to equity holders of the parent 40,587,489 37,574,230 38,925,008
Total equity 40,587,489 37,574,230 38,925,008
Condensed Consolidated Cash Flow Statement
Unaudited interim results to 30th June 2025
Six months Six months Year
ended ended ended
30/06/2025 30/06/2024 31/12/2024
£ £ £
Cash flows from operating activities
Profit before tax for the period 2,714,000 2,287,905 5,179,277
Adjustments for:
Finance income (64,626) (33,236) (79,294)
Finance costs 22,004 34,271 93,284
Depreciation 263,835 307,553 673,058
Amortisation 1,017,642 658,288 1,936,561
Impairment loss - - 4,088
Loss on disposal of property, plant and equipment (PPE) - - -
Share-based payment 329,261 547,745 744,755
Exchange differences 167,597 (90,153) 27,547
(Increase)/decrease in inventories (2,056,096) 1,271,298 1,082,884
(Increase)/decrease in trade and other receivables (2,599,812) (959,878) (1,661,285)
Increase/(decrease) in trade and other payables (2,118,351) (4,228,849) (749,800)
Cash generated from operations (2,324,546) (205,056) 7,251,074
Tax (paid)/received 135,217 539,219 641,594
Net cash generated from operating activities (2,189,329) 334,163 7,892,668
Cash flows from investing activities
Interest received 64,626 33,236 79,294
Cash placed on deposit - - -
Purchases of property, plant and equipment (PPE) (210,364) (379,243) (877,072)
Payment of acquisition of subsidiary net of cash acquired - - -
Purchases of intangible assets (2,400,736) (1,984,911) (3,382,525)
Net cash used in investing activities (2,546,474) (2,330,918) (4,180,302)
Cash flows from financing activities
Equity dividends paid (950,732) - (856,377)
Repayment of leasing liabilities (156,152) (144,374) (233,230)
Interest paid (22,004) (34,271) (93,284)
Issue of ordinary shares net of issue costs 2,611 - -
Sale of treasury shares 3,815 - 58,500
Net cash used in financing activities (1,122,462) (178,645) (1,124,391)
Effects of exchange rate changes on cash and cash equivalents (20,749) 4,707 -
Net increase/(decrease) in cash (5,879,014) (2,170,693) 2,587,975
Cash at beginning of period 13,706,703 11,118,728 11,118,728
Cash at the end of the period 7,827,689 8,948,035 13,706,703
Capital Cumulative Profit
Share Share Merger redemption translation and loss Total
capital premium reserve reserve reserve account Equity
£ £ £ £ £ £ £
Balance at 1 January 2024 861,692 9,950,231 1,283,457 256,976 (129,276) 22,100,347 34,323,427
Profit for the period - - - - - 2,298,928 2,298,928
Exchange differences on translating foreign operations - - - - (63,315) - (63,315)
Total recognised comprehensive income for the period - - - - (63,315) 2,298,928 2,235,613
Share-based payment - - - - - 547,745 547,745
Deferred tax on share based payment - - - - - (245,555) (245,555)
Dividends paid - - - - - - -
Sale of treasury shares - - - - - - -
Issue of Ordinary shares - - - - - - -
Balance at 30 June 2024 861,692 9,950,231 1,283,457 256,976 (192,591) 24,701,465 36,861,230
Total recognised comprehensive income for the period - - - - - 2,403,510 2,403,510
Exchange differences on translating foreign operations - - - - 9,759 - 9,759
Total recognised comprehensive income for the period - - - - 9,759 2,403,510 2,413,269
Share-based payment - - - - - 197,010 197,010
Deferred tax on share based payment - - - - - 251,375 251,375
Dividends paid - - - - - (856,377) (856,377)
Sale of treasury shares - - - - - 58,500 58,500
Merger reserve - - - - - - -
Shares issued during the year - - - - - - -
Balance at 31 December 2024 861,692 9,950,231 1,283,457 256,976 (182,832) 26,755,483 38,925,008
Total recognised comprehensive income for the period - - - - - 2,401,372 2,401,372
Exchange differences on translating foreign operations - - - - (123,845) - (123,845)
Total recognised comprehensive income for the period - - - - (123,845) 2,401,372 2,277,526
Share-based payment - - - - - 329,261 329,261
Deferred tax on share based payment - - - - - 0 0
Dividends paid - - - - - (950,732) (950,732)
Issue of ordinary shares 2,611 - - - - - 2,611
Sale of treasury shares - - - - - 3,815 3,815
Balance at 30 June 2025 864,303 9,950,231 1,283,457 256,976 (306,677) 28,539,199 40,587,489
Notes to the financial statements
1. General information
The principal activity of the Group is design, manufacture and supply of
innovative high-end embedded single board computers and complementary
accessories aimed at a wide base of customers within the defence &
aerospace, telecommunications, medical and other markets.
Concurrent Technologies PLC ("the Company") is the Group's ultimate parent
company. It is incorporated and domiciled in Great Britain. Concurrent
Technologies PLC shares are listed on the Alternative Investment Market of the
London Stock Exchange.
The Group's condensed consolidated interim financial statements are presented
in pounds sterling (£), which is also the functional currency of the parent
company.
These condensed consolidated interim financial statements, which are
unaudited, have been approved for issue by the Board of Directors on 8
September 2025.
The information relating to the six months ended 30 June 2025 is unaudited and
does not constitute statutory accounts within the meaning of section 434 of
the Companies Act 2006. The statutory accounts for the year ended 31 December
2024, prepared in accordance with IFRSs (International Financial Reporting
Standards) as adopted by the European Union, have been reported on by the
Group's auditors and delivered to the Registrar of Companies.
2. Summary of significant accounting policies
2.1 Basis of preparation
These condensed consolidated interim financial statements are for the six
months period ended 30 June 2025. They have been prepared in accordance with
IAS 34 "Interim Financial Reporting". They do not include all the
information required for full annual financial statements and should be read
in conjunction with the consolidated financial statements of the Group for the
year ended 31 December 2024, which have been prepared in accordance with
adopted IFRSs.
The accounting policies applied, and methods of computation are consistent
with those of the annual financial statements for the year end 31 December
2024, as described in those financial statements. The accounting policies
have been consistently applied to all the periods presented.
There are no new IFRSs or IFRIC interpretations that are effective for the
first time for the financial period beginning on or after 1 January 2025 that
would be expected to have a material impact on the results or financial
position of the Group.
2.2 Going Concern
The Directors are satisfied that the Group has sufficient resources to
continue in operation for the foreseeable future, a period of not less than 12
months from the date of this report. Accordingly, the continue to adopt the
going concern basis in preparing these condensed financial statements.
2.3 Taxation
Current tax expense is recognised in these condensed consolidated interim
financial statements based on the estimated effective tax rates for the full
year.
3. Segmental reporting
The Directors consider that the Group is engaged in a single segment of
business, being design, manufacture of high-end embedded computer products and
that therefore, the Company has only a single operating segment. The key
measure of performance used by the Board to assess the Group's performance is
the Group's profit before tax, as calculated under IFRS, and therefore no
reconciliation is required between the measure of profit or loss used by the
Board and that contained in the condensed consolidated interim financial
statements.
4. Earnings per share
Basic earnings per share is calculated by dividing the profit attributable to
ordinary equity holders for the period by the weighted average number of
ordinary shares outstanding during the period.
Diluted earnings per share is calculated adjusting the weighted average number
of ordinary shares outstanding to assume conversion of all contracted dilutive
potential ordinary shares. The Company only has one category of dilutive
potential ordinary shares, namely share options.
The inputs to earnings per share calculation
are shown below:
Six months Six months Year
ended ended ended
30/06/25 30/06/24 31/12/24
£ £ £
Profit attributable to ordinary equity holders 2,401,372 2,298,928 4,702,438
Six months Six months Year
ended ended ended
30/06/25 30/06/24 31/12/24
N° N° N°
Weighted average number of ordinary shares for basic earnings per share 86,430,327 85,637,714 85,676,344
Adjustment for share options 4,446,387 4,554,202 5,106,393
Weighted average number of ordinary shares for diluted earnings per share 90,876,714 90,191,916 90,782,737
5. Shareholder Communication
A copy of these condensed interim financial statements is available from the
Company's Registered office at:
4 Gilberd Court,
Newcomen Way,
Colchester,
Essex, UK
CO4 9WN
They are also available from the Company's website at www.gocct.com.
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. END IR PKOBQKBKDPCKRecent news on Concurrent Technologies
See all newsREG - Concurrent Tech. - Interim Results
AnnouncementREG - Concurrent Tech. - Record UK defence contract secured for £4m
AnnouncementREG - Concurrent Tech. - New Product Launch
AnnouncementREG - Concurrent Tech. - Investor Meet Company Presentation Update
AnnouncementREG - Concurrent Tech. - Launch of Compact Computer System
Announcement