Trading Update

Newmark Security

18/03/2025 07:00

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
Marie-Claire Dwek, Chief Executive Officer
Paul Campbell-White, Chief Financial Officer
Tel: +44 (0) 20 7355 0070
www.newmarksecurity.com
Allenby Capital Limited
(Nominated Adviser and Broker)
James Reeve / Lauren Wright (Corporate Finance)
Amrit Nahal / Tony Quirke (Sales & Corporate Broking)
Tel: +44 (0) 20 3328 5656

 

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

 

Safe. Seamless. Secure

 

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