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The Smarter Web Company (SWC) investor relations material
The Smarter Web Company H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Significant progress achieved across all business areas, driven by a three-pillar strategy: profitable recurring operations, a Bitcoin treasury, and disciplined acquisitions.
Acquisition of Squarebird Agency Ltd in February 2026 expanded the operational platform, with both digital agencies now profitable and collaborating.
Inclusion in FTSE All-Share and FTSE SmallCap indices in March 2026 enhanced institutional investor reach and share liquidity.
Financial highlights
Revenue for the six months ended 30 April 2026 was £397,473.
Operating loss of £2.7 million, mainly due to one-off uplisting costs.
Reported loss of £71.9 million, almost entirely from a non-cash accounting adjustment due to Bitcoin price decline.
Underlying business performance aligned with Board expectations, excluding non-cash movements.
Bitcoin holdings at period end: 2,778 BTC valued at £157 million.
Outlook and guidance
Board remains confident for the second half of 2026, with both divisions performing in line with expectations.
Acquisition pipeline continues to develop, supporting ambitions to become a leading UK company.
Conviction in long-term Bitcoin strategy remains strong, despite recent volatility.
- UK web and marketing firm leads in Bitcoin treasury strategy and high-margin growth.SWC
Investor presentation25 Mar 2026 - Reported interim loss, major post-period capital raise, and large Bitcoin treasury exposure.SWC
H1 202525 Mar 2026 - UK’s top Bitcoin treasury firm combines web business growth with aggressive BTC accumulation.SWC
Investor presentation25 Mar 2026 - Raised £225.2m, ended with 2,660 Bitcoin, and posted £1.62m net profit on fair value gains.SWC
H2 202517 Mar 2026
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