UK's Newmark Security sees over 13% FY revenue growth; to sell Safetell

Newmark Security

21/05/2026 09:13

Overview

UK secure people-data provider expects FY26 group revenue rising over 13% to at least £26 mln

Company expects FY26 (human capital management) HCM revenue up 27% to £19.5 mln

Company in advanced talks to sell Safetell after order delays led to losses

Outlook

Company expects strategic investment in HCM to drive further growth in FY27

Newmark Security says it currently sees no issues fulfilling orders despite global chip supply concerns

Company notes recent cost increases are being passed onto customers where possible

Result Drivers

NORTH AMERICA EXPANSION - HCM revenue growth was led by 43% sales increase in North America, supported by new channel partners

PRODUCT LAUNCHES - Launch of GT Tablet application and increased subscriptions for GT Connect and other GT Services drove recurring revenue

ORDER DELAYS - Safetell losses in H2 FY26 exacerbated by slippage of orders into FY27, impacting group profit and cashflows

Company press release: ID:nRSU1547Fa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
at least GBP 26 mln


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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.)