UK's Ten Lifestyle H1 net revenue rises 6%, EBITDA up 16%

Ten Lifestyle

16/03/2026 07:09

Overview

UK concierge tech platform's H1 net revenue up 6% yr/yr to £33.7 mln

Adjusted EBITDA for H1 rose 16% yr/yr to £7.0 mln

Active members increased 23% yr/yr, driven by digital platform engagement

Outlook

Ten Lifestyle says it remains on track to deliver in line with market expectations for FY 2026

Company expects new contracts to launch in H2 2026 and support growth into FY 2027

Result Drivers

DIGITAL PLATFORM ENGAGEMENT - Co said 23% increase in active members was led by higher engagement with its digital platform

NEW CONTRACT LAUNCHES - Co launched digital platform with a UK bank and a new contract with a global technology company during the period

OPERATIONAL PERFORMANCE - Improved adjusted EBITDA margin attributed to enhanced operational performance

Company press release: ID:nRSP6682Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 33.7 mln
H1 Adjusted EBITDA
GBP 7 mln
H1 Adjusted EBITDA Margin
20.70%


Analyst Coverage

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

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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.)