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 £22.1 million, driven by a stronger second half of the financial year.
Revenue in H2 increased by 17.2% compared with the same period in FY25, including £1.1m from the Saxis Group acquisition which completed in December 2025.
On an organic basis, H2 revenue grew by 7% year on year.
The group expects to report adjusted EBITDA of £1.2m for FY26 (FY25: £900,000; H1 FY26: £200k), ahead of current market expectations.
The group ended the year with gross cash of £7.7m (FY25: £8.7m) and a net cash position of £2.7m (FY25: £3.6m), following the payment of £1.3m in cash consideration relating to the acquisition of Saxis.
“FY26 has been a year of disciplined execution and clear progress for SysGroup,” said Heejae Chae, executive chair.
“A stronger second half, supported by improved go-to-market effectiveness and continued demand in cybersecurity, has driven full-year performance ahead of expectations.
“During 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.
“With improved profitability, a robust cash position, and enhanced capabilities following the Saxis acquisition, we have entered FY27 with positive momentum.
“This update marks an important milestone ahead of our full year results in July, where we will provide further detail on performance and outlook.”