Published: January 6, 2026 at 9:04 am
Flexible workspace technology group essensys has reported a sharp fall in revenues for the year to 31st July 2025.
However, the AIM-listed firm returned to EBITDA profitability following cost-cutting measures and a strategic reshaping of the business.
It posted revenue of £19.2 million for FY25, down 21% from £24.1m the previous year, largely reflecting the previously flagged downsizing of a single large strategic customer.
Despite the drop in sales, the London-based company returned to positive adjusted EBITDA of £1.3m, compared with a £900,000 loss in FY24, helped by cost reductions and an improved operating model.