Touchstar H1 revenue flat, gross margin falls
Recurring revenue rose 4.6% year on year. The company expects H2 2026 revenue to be slightly lower than H1 2026 and a lower FY 2026 loss than the previous market expectation.
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Recurring revenue rose 4.6% year on year. The company expects H2 2026 revenue to be slightly lower than H1 2026 and a lower FY 2026 loss than the previous market expectation.
Adjusted pretax profit rose to £1.32 mln. The company raised £32.5 mln in equity and expects at least £5.0 mln underlying FY26 profit before tax.
H1 revenue rose 3% and recurring revenue rose 4% to 97% of total, while adjusted EBITDA turned profitable after cost reductions.
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