The Smarter Web Company
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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.
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H1 2026 earnings summary30 Jun, 2026

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.

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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.
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Eferix Drawings Google Play
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