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Newmark Security (NWT) investor relations material
Newmark Security H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Group revenues increased 13% year-on-year to £11.6 million in H1 FY 2026, with adjusted EBITDA doubling to £1 million, driven by strong HCM and service revenue growth.
HCM revenues rose 20% to £7.9 million, with annual recurring revenues up 30% to £3.9 million and device subscriptions exceeding 45,000.
Gross profit margin increased by 1.3 percentage points to 39.4%.
Safetell, the physical security division, saw a 3% revenue increase and a 43% rise in service revenues, despite an H1 operating loss of £400,000, with expectations for improvement in H2.
Operating profit was £0.1 million, reversing a prior loss, and loss after tax reduced to £0.1 million.
Financial highlights
HCM revenue up 20% to £7.9 million, accounting for 68% of group revenue.
HCM annual recurring revenues up 30% to £3.9 million; device subscriptions up 30% to over 45,000.
Safetell revenues up 3% to £2.5 million; service revenues up 43% to £1.8 million.
Net cash inflow from operations was £0.6 million, slightly down from £0.7 million due to inventory investment.
Cash at bank at period end was £0.4 million.
Outlook and guidance
H2 FY 2026 has started strongly, with both divisions expected to surpass prior year H2 revenues and operating profits.
Management expects to exceed H2 2025 EPS in H2 2026 and full year profit to surpass FY25 profit after tax of £0.7 million.
Strong revenue pipeline and new partnerships expected to drive further growth in H2 and FY27.
Continued investment in R&D and innovation, with a focus on expanding recurring revenue streams and scaling through partnerships.
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