REG - Gattaca PLC - Trading Update

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RNS Number : 4960S  Gattaca PLC  11 February 2026

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
THE MARKET ABUSE REGULATION (EU) 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW
BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"), AND IS
DISCLOSED IN ACCORDANCE WITH THE COMPANY'S OBLIGATIONS UNDER ARTICLE 17 OF
MAR.

 

11 February 2026

 

Gattaca plc

("Gattaca" or the "Group")

Trading Update

 

Strong H1 NFI performance trading ahead of expectations

 

Gattaca plc, the specialist staffing solutions business, is pleased to provide
the following trading update for the six months ended 31 January 2026 ("H1
26").

 

 ·   Total Group NFI is expected to be £21.2m (H1 25: £18.9m). On a like-for-like
     basis² ("LFL"), NFI increased by 7% YoY to £20.2m, driven by strong contract
     performance across core growth sectors.
 ·   LFL contract NFI increased by 13% YoY, reflecting increased activity levels in
     our core sectors.
 ·   Permanent fees were stable with LFL permanent NFI up 2% YoY.
 ·   LFL Statement of Work ("SoW") NFI was down due to timing delays on major
     client programmes, with activity expected to remain subdued in the second half
     of the year.
 ·   Total Group sales headcount at 31 January 2026 reduced by 6% YoY.  The Group
     continued to focus on operational efficiency and disciplined resource
     allocation, while maintaining investment in target sectors. Sales-to-Support
     mix remained at 71:29 (31 January 2025: 71:29).
 ·   The Group expects to report statutory net cash as at 31 January 2026 of
     £13.0m (31 January 2025: net cash of £16.8m). Reduction in net cash during
     period reflects:
     - Working capital absorption as contractors numbers have increased;
     - Consideration paid for InfoSec acquisition; and
     - Final dividend payment in respect of FY25.

 

Outlook

 

 ·   Group guidance for FY26 adjusted profit before tax expected to be £4.5m.
 ·   The Group's ambition for FY26 remains to invest in identified markets, adding
     capable experienced sales consultants and growing our sales headcount by 10%.
 ·   The Group expects to announce an interim dividend at its Interim Results.

 

Notice of Interim Results

The Group will announce its results for the six months to 31 January 2026 on
Tuesday 24 March 2026.

 

Matthew Wragg, Chief Executive Officer said:

"I am pleased to see our positive momentum continue to build and to report
that the Group is trading ahead of expectations. Our strategic investments in
growth opportunities are delivering and we have the majority of our sectors
experiencing year on year growth.

 

The InfoSec team have performed well and enhanced the Group's cyber capability
contributing positively to contract momentum during the period and was fully
integrated in the Group's systems during H1.

 

With a strengthened technology platform, growing customer base and improving
operational efficiency, I remain confident in the Group's ability to deliver
sustainable growth."

 

1. NFI is calculated as revenue less contractor payroll costs.

2. On 4 August 2025, the Group acquired the entire issued share capital of
InfoSec People Limited, a specialist cyber security recruitment consultancy
company based in the UK. The total consideration was £2.1m, comprising an
initial payment of £1.5m and deferred consideration of up to £0.6m, payable
over the next four years and subject to performance criteria being met by
InfoSec People.

 

 

For further information please contact:

 

 Gattaca plc                                 +44 (0) 148 989 8989

 Matthew Wragg, Chief Executive Officer

 Oliver Whittaker, Chief Financial Officer

 Panmure Liberum Limited (Nomad and Broker)  +44 (0) 203 100 2000

 Edward Mansfield

 Will King

 IFC Advisory (Financial PR and IR)          +44 (0) 203 934 6632

 Tim Metcalfe

 Graham Herring

 Florence Chandler

 

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