DSW Capital has reported a rise in half-year adjusted EBITDA to £700,000 from £100,000.

The challenger professional services platform, owner of the Dow Schofield Watts and the DR Solicitors brands, said network revenue increased by 32% to £10.3m, driven by the acquisition of the latter in November 2024. Total income was £2.8m, up from £1.1m.

Cash at 30th September 2025 was £2.2m after a £1m loan repayment.

“The group’s financial results are typically weighted towards the second half of the year. Whilst the business is currently trading well, the board is mindful of the well documented geo-political and economic uncertainties, particularly in relation to the Autumn Budget,” it said.