Sosandar (SOS) H2 2026 TU earnings summary

Executive summary

• Achieved 14% year-on-year revenue growth to £42.3 million for FY 2026, with strong own site performance up 24%.

• Returned to profitability with expected profit before tax of £0.4 million, compared to a loss of £0.1 million in FY25, in line with market guidance.

• Maintained robust trading across all product categories and third-party partnerships, entering FY 2027 with momentum and focus on profitable growth.

Financial highlights

• Total revenue for FY 2026 reached £42.3 million, up 14% year-on-year.

• Own website revenue grew 24% year-on-year, driven by increased traffic, conversion, and order volumes.

• Gross margin improved to 63.9% from 62.1% last year.

• Profit before tax expected at £0.4 million, in line with guidance.

• Ended the year with £8.4 million cash and zero debt, after a £1.8 million share buyback.

Outlook and guidance

• Continued focus on profitable growth and market share expansion in the UK and through third-party partners.

• Gross margin expected to remain in the mid-60s for FY 2027, supported by favorable currency contracts.

• Board expresses confidence in strategy for sustainable, profitable, and cash-generative growth.

• No further new store openings anticipated in the near term.

• Anticipates strong performance from normalized M&S partnership and further marketing investment.