Overview
UK spend intelligence platform's H1 revenue rose to £1.5m, gross margin improved significantly
Adjusted EBITDA loss narrowed to £1.0m from £1.1m loss
Company implemented cost-cutting measures, reducing cash burn rate to £110k per month
Outlook
Rosslyn expects FY 2026 revenue growth and ARR increase of over 15%
Company anticipates becoming cash flow generative in FY 2027
Cost-cutting measures to reduce FY 2026 adj. EBITDA loss by c.25%
Result Drivers
AI SOLUTIONS ADOPTION - Increased adoption of AI-powered solutions, including AICE, supported revenue growth and margin improvement
NEW CONTRACTS - Secured contracts with a global media and technology company and a British train operating company contributed to revenue
COST-CUTTING MEASURES - Implemented cost-cutting measures reduced cash burn rate to £110k per month
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 1.51 mln
H1 EPS
-GBP 0.03
H1 Net Income
-GBP 1.38 mln
H1 EBIT
-GBP 1.39 mln
H1 Gross Profit
GBP 700,000
H1 Pretax Profit
-GBP 1.48 mln
Analyst Coverage
Wall Street's median 12-month price target for Rosslyn Data Technologies PLC is GBp20.00, about 471.4% above its January 27 closing price of GBp3.50
Press Release: ID:nRSb6264Qa
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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.)