REG - Newmark Security PLC - Trading Update

Newmark SecurityAnnouncement

18/03/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250318:nRSR0230Ba&default-theme=true

RNS Number : 0230B  Newmark Security PLC  18 March 2025

18 March 2025

 

Newmark Security plc

("Newmark", the "Company" or the "Group")

 

Trading Update

 

Newmark Security plc (AIM: NWT), a leading provider of electronic and physical
security systems, provides an update on its commercial developments and
trading for the year ending 30 April 2025 ("FY 2025").

 

As previously anticipated, the Company is experiencing a higher rate of
revenue in the second half of FY 2025 and remains on track to generate higher
revenues than last year. In recent years, Human Capital Management ("HCM") has
evolved to be the main driver of Group revenue. Newmark's management expects
this to become even more prominent with the commercial opportunities
developing and the growth in recurring revenue through its GT Connect
platform. HCM's sales activity in North America continues to be exciting,
whilst the rest of the world has improved since its slow start to the current
financial year. The Company is pleased to confirm that the sales pipeline for
the financial year ending 30 April 2026 ("FY 2026") is building across both
territories.

 

In the half year results announcement, the Company updated shareholders that
HCM's partnership with Oracle to target the Direct-to-Enterprise ("D2E")
market was progressing well, with the completion of the Clock and Cloud based
Oracle software integration for the beta test phase. The Company confirms that
the software integration has now been fully tested and approved, with HCM
gaining official Oracle integrator status. The Company is also pleased to
announce that it has commenced software integration with Workday and SAP and
is accelerating its plans with all three of these partners. In the closing
quarter of FY 2025, HCM has gained official Workday partner status and is
progressing well with SAP.

 

Further investment has been made in the sales team to unlock D2E commercial
opportunities, with the expectation of securing the first D2E customers in FY
2026.

 

The Company looks forward to providing investors with more details on its
progress within its full year results trading update in May 2025.

 

For further information:

 

 Newmark Security plc                                        Tel: +44 (0) 20 7355 0070

 Marie-Claire Dwek, Chief Executive Officer                  www.newmarksecurity.com (http://www.newmarksecurity.com/)

 Paul Campbell-White, Chief Financial Officer

 Allenby Capital Limited                                     Tel: +44 (0) 20 3328 5656

 (Nominated Adviser and Broker)

 James Reeve / Lauren Wright (Corporate Finance)

 Amrit Nahal / Tony Quirke (Sales & Corporate Broking)

 

About Newmark Security plc

 

Newmark is a leading provider of electronic, software and physical security
systems that helps organisations protect human capital and provide safe spaces
seamlessly and securely.

 

From our locations in the UK and US, we operate through subsidiary businesses
positioned in specialist, high-growth markets.

 

We foster an open and inclusive work environment amongst our c.100 employees,
serving hundreds of blue-chip customers.

 

Our product portfolio consists of Human Capital Management and Access Control
Systems providing both hardware and software and Physical security
installations to various sectors.

 

Newmark Security plc is admitted to trading on AIM (AIM:NWT).

 

For more information, please visit: www.newmarksecurity.com
(https://newmarksecurity.com/)

 

Safe. Seamless. Secure

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  TSTFDLLFEXLLBBZ