Netcall's H1 revenue up 15%, cloud ACV rises 42%

Netcall

04/03/2026 07:12

Overview

UK enterprise software firm's H1 FY26 revenue rose 15% yr/yr to £26.5m

Adjusted EBITDA increased 13% to £6.45m, reflecting improved margins and acquisitions

Cloud services revenue grew 34% to £17.9m, driving 42% rise in Cloud ACV

Outlook

Netcall expects continued growth in Cloud ACV and revenue visibility in H2 FY26

Company sees positive contribution from Jadu acquisition in H2 FY26

Netcall has a strong pipeline and record contracted order book of £92.4m

Result Drivers

CLOUD SERVICES - Revenue from cloud services grew 34% to £17.9m, driving a 42% increase in Cloud ACV

AI ADOPTION - AI-related bookings more than tripled year-on-year, contributing a higher share of new ACV

JADU ACQUISITION - Acquisition of Jadu expanded digital experience capabilities and increased market presence

Company press release: ID:nRSD2005Va

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 26.50 mln
H1 Adjusted EBITDA
GBP 6.45 mln
H1 Pretax Profit
GBP 2.54 mln


Analyst Coverage

The current average analyst rating on the shares is "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 Netcall PLC is GBp165.00, about 60.2% above its March 3 closing price of GBp103.00

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 26 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)