Accountancy firm MHA has reported an increase in revenue, profits and EBITDA for the six months ended 30th September 2025.
The results are the first since admission to trading on AIM in April 2025.
Group revenue rose 13.2% to £121.3 million, while adjusted EBITDA increased 10.7% to £21.8m.
Adjusted profit before tax climbed 8.8% to £18.5m, with the group maintaining an EBITDA margin of 18%.
The company also declared an interim dividend of 1p per share.
“These results demonstrate the strength of our platform, and we enter the second half with positive momentum and good visibility across our core service lines,” said chief executive Rakesh Shaunak.
“Supported by rising regulatory complexity, demand for high-quality audit, tax and advisory support remains robust, and our breadth of sector exposure and growing international footprint position us well to capture and capitalise on these opportunities.
“We are confident of delivering a full-year outcome in line with market expectations, while continuing to build long-term value through both organic growth and selective M&A.”
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The London-based firm acquired Baker Tilly South-East Europe (BTSEE) in August, adding offices in Cyprus, Greece, Romania and Bulgaria.
It has also continued to invest in its technology, AI and data programme for FY26, introducing tools such as ChatGPT Enterprise and Microsoft Copilot into its workflows to improve productivity and client service.
The firm said adoption of automation is increasing across its tax teams, and new systems are being developed to enhance reporting, forecasting and performance management.
There were double-digit revenue increases in financial services, manufacturing, professional services, engineering and technology.
Founded in 1869, MHA now employs nearly 2,200 people and 153 partners across 30 offices in the UK, Ireland, South-East Europe and the Cayman Islands.
Looking ahead, it expects continued opportunities in the second half of the year as businesses seek advisers with greater scale, international capabilities and sector expertise.
The company’s share price has risen 62% to 165.7p since its IPO in April and it has a market cap of £472m.


