CONCURRENT TECHNOLOGIES PLC - Final results for the year ended 31 December 2025

Concurrent Technologies PLC delivered a strong investor update alongside its FY2025 financial results, highlighting record company performance, robust revenue growth, and a clear long-term growth strategy. Revenue increased to £45.9 million, supported by record order intake of £47 million and £145 million in design wins, significantly strengthening the company’s order book and future revenue visibility. Profit before tax rose 25%, while gross margins improved to 53%, reflecting operational efficiencies and a maturing systems business. The group continues to generate strong cash flow, ending the period with £14.4 million in cash and no debt. Growth is being driven by expansion up the value chain into higher-margin systems and design services, alongside its core embedded computing products. The systems division saw rapid revenue growth of 160%, demonstrating increasing traction despite near-term margin investment. With 90% exposure to global defence markets, Concurrent benefits from long-term programme cycles and increasing demand for advanced computing solutions. Strategic investments in manufacturing capacity, US expansion, and product innovation underpin future scalability, while M&A remains a key lever for growth. Management highlighted strong pipeline visibility and confidence in FY2026 performance, supported by a £24 million opening backlog and improving conversion of design wins into production revenue. Overall, the company is well positioned to deliver sustained revenue growth, margin expansion, and long-term EBITDA progression.