SysGroup plc has reported improved profitability & revenues for the last financial year.
The Manchester-headquartered tech group said FY26 revenue and adjusted EBITDA was ahead of market expectations.
SysGroup provides cloud, cybersecurity and AI transformation for UK mid-market clients.
For the financial year ended 31st March 2026, group revenue increased by 7.6% to 拢22.1 million, driven by a stronger second half of the financial year.聽
Revenue in H2 increased by 17.2% compared with the same period in FY25, including 拢1.1m from the Saxis Group acquisition which completed in December 2025.聽
On an organic basis, H2 revenue grew by 7% year on year.
The group expects to report adjusted EBITDA of 拢1.2m for FY26 (FY25: 拢900,000; H1 FY26: 拢200k), ahead of current market expectations.
The group ended the year with gross cash of 拢7.7m (FY25: 拢8.7m) and a net cash position of 拢2.7m (FY25: 拢3.6m), following the payment of 拢1.3m in cash consideration relating to the acquisition of Saxis.
“FY26 has been a year of disciplined execution and clear progress for SysGroup,鈥� said Heejae Chae, executive chair.
鈥淎 stronger second half, supported by improved go-to-market effectiveness and continued demand in cybersecurity, has driven full-year performance ahead of expectations.
鈥淒uring the second half, we implemented a number of operational and strategic changes, including the increased use of AI across our go-to-market and service delivery activities. The early benefits of these changes began to come through in Q4 and provide a stronger platform for the business as we enter the new financial year.
鈥淲ith improved profitability, a robust cash position, and enhanced capabilities following the Saxis acquisition, we have entered FY27 with positive momentum.聽
鈥淭his update marks an important milestone ahead of our full year results in July, where we will provide further detail on performance and outlook.”