)
Edge11 Sep 2026
Texas Pacific Land Corporation: Keeper of the Permian Basin
Land once granted to a failed 19th-century railroad now generates royalties for Texas Pacific Land Corporation across the Permian Basin.
Spire Healthcare Group
Spire Healthcare Group (SPI) investor relations material
Spire Healthcare Group H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary30 Sep, 2026
Executive summary
Revenue for H1 2026 was £792.7m, broadly stable year-over-year, with private payor and primary care growth offsetting lower NHS activity.
Adjusted EBITDA declined 16.6% to £112.4m due to cost inflation and reduced NHS revenue, partially offset by £5.5m in transformation savings.
Statutory loss before tax was £14.8m (H1 2025: £10.8m profit), with a loss after tax of £11.5m.
Strong cash generation and capital efficiency led to a 35.3% increase in adjusted free cash flow to £20.7m.
A recommended final offer for the company was announced by Tulip UK Bidco Limited, subject to shareholder and regulatory approval.
Financial highlights
Group revenue decreased 0.8% year-over-year; Hospitals Business revenue down 1.6%, Primary Care up 8.1%.
Adjusted EBITDA margin fell to 14.2% (H1 2025: 16.8%).
Adjusted EBIT dropped 34.5% to £50.6m; ROCE declined 140bps to 6.7%.
Net bank debt reduced to £337.8m, with leverage at 2.4x.
Capital expenditure decreased 29.1% to £36.3m.
Outlook and guidance
FY26 adjusted EBITDA is targeted to be broadly in line with FY25, assuming stable market and operating conditions.
Visibility over NHS activity remains strong, with >95% of 2026/27 NHS revenue agreed.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from Spire Healthcare Group
- Targeting £40m EBITDA, growth is driven by integrated, capital-light primary care expansion.SPI
Status Update - FY26 adjusted EBITDA is expected to match FY25, with strong private and NHS revenue growth.SPITrading update
- Strong cash flow and private growth offset NHS slowdown; 2026 outlook cautious.SPIH2 2025
- Revenue growth, cost savings, and strategic review position the group for stable FY26 performance.SPITrading Update
- Revenue and EBITDA rose, with transformation and NHS growth supporting a strong outlook.SPIH1 2025
- Double-digit revenue and earnings growth, margin expansion, and robust outlook for 2024.SPIH1 2024
- 2025 trading meets expectations, with efficiency gains and NHS partnerships driving growth.SPITrading Update
- Strong 2024 revenue and margin growth, with robust efficiencies and positive 2025 outlook.SPIH2 2024
Next Spire Healthcare Group earnings date
H2 20264 Mar, 2027
Spire Healthcare Group
Next Spire Healthcare Group earnings date
H2 20264 Mar, 2027
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Explore our global coverage