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(Sharecast News) - Software firm GB Group said on Wednesday that its full-year trading performance was in line with market expectations, with revenue and profit both ticking higher.
GB Group posted fullyear revenues of 285m, up 3.2% yearonyear on a constantcurrency basis, with secondhalf growth accelerating to midsingle digits, while adjusted operating profits came in at roughly 67.5m, compared with 67m a year earlier, giving it an operating margin of 23.7%.
The FTSE 250-listed firm said revenue growth in its core identity and location segments strengthened to 6% in the second half, supported by strong execution in Europe, the Middle East and Africa and an improved gotomarket performance in Americas identity unit, which returned to growth in the fourth quarter.
GB also stated momentum had continued to build following the launch of its GBG Go platform in April 2025, with 90 customer wins to date and more than a quarter involving multisolution requirements.
The Chester-based firm also noted that it had remained highly cashgenerative, ending the year with net debt of 80m after paying an 11m dividend and repurchasing around 8% of its equity. GBG also refinanced its 175m revolving credit facility in March, extending its maturity to at least September 2030.
Looking ahead, GB said it had entered FY27 with a pipeline of over 225 opportunities, supported by new lowcode integration tools and AIdriven analytics.
Chief executive Dev Dhiman said: "I am pleased with our FY26 results which reflect our strong execution and focus as one global team. Our accelerated revenue growth was driven by improvement in the Americas, and the momentum within the rest of our core business.
"We are confident that our second-half performance reinforces our outlook to deliver mid-single-digit revenue growth in FY27, with our focus now on strategies to accelerate growth further."
As of 1140 BST, GB shares were up 0.91% at 223.32p.
Reporting by Iain Gilbert at Sharecast.com
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