UK's Eagle Eye H1 revenue falls 5% after contract loss

Eagle Eye Solutions

17/03/2026 07:16

Overview

UK AI marketing platform's H1 group revenue fell 5% after major contract loss

Adjusted EBITDA for H1 declined 28% due to restructuring and contract exit

Annual recurring revenue rose 29% excluding contract loss, driven by new customer wins

Outlook

Eagle Eye expects to exit FY26 with a 20% EBITDA margin run rate

Company expects FY26 results in line with recently increased market expectations

Eagle Eye anticipates a return to double-digit revenue and EBITDA growth in FY27

Result Drivers

NEW CONTRACT WINS - Eight multi-year contracts secured for AIR platform and EagleAI solutions with major customers globally, driving ARR growth

AI PRODUCT ADOPTION - Increased adoption of AI Personalised Promotions by existing customers, contributing to higher volumes and expanded use cases

COST OPTIMISATION - Margin performance ahead of expectations driven by platform optimisation and cost efficiencies

Company press release: ID:nRSQ8624Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
GBP 138,000


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "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 Eagle Eye Solutions Group PLC is GBp530.00, about 64.1% above its March 16 closing price of GBp323.00

The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 60 three months ago

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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.)