SaaS and AI firm Eagle Eye's H1 revenue up 16%, ARR rises 29%

Eagle Eye Solutions

20/01/2026 07:11

Overview

SaaS and AI firm's H1 FY26 underlying revenue grew 16%, excluding NRS contract impact

Annual recurring revenue rose 29% excluding NRS contract loss

Adjusted EBITDA margin fell to 18% from 24% in H1 FY25

Outlook

Eagle Eye expects FY26 adjusted EBITDA ahead of current market expectations

Company anticipates exiting FY26 with a 20% EBITDA margin run rate

Eagle Eye foresees double-digit revenue and EBITDA growth in FY27

Result Drivers

ARR GROWTH - Eagle Eye reported a 29% increase in underlying ARR, driven by new customer wins and deeper engagements

OEM CONTRACTS - First OEM contracts signed, expanding reach into new sectors and contributing to ARR growth

COST OPTIMIZATION - Margin performance exceeded expectations due to cost optimization, allowing for selective investment in growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 22.40 mln
H1 Adjusted EBITDA
GBP 4.30 mln
H1 Annual Recurring Revenue
GBP 42.20 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

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

Wall Street's median 12-month price target for Eagle Eye Solutions Group PLC is GBP400.00, about 33.8% above its January 19 closing price of GBP299.00

The stock recently traded at 56 times the next 12-month earnings vs. a P/E of 103 three months ago

Press Release: ID:nRST5113Pa

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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.)