MANOLETE PARTNERS PLC - Full Year Results for the year ended 31 March 2026

Manolete Partners PLC delivered an investor update outlining its FY2026 financial results, highlighting resilient underlying performance despite a challenging year for shareholders. The insolvency litigation finance specialist reported realised revenue broadly in line with expectations, stronger gross cash receipts, improved gross margins and a significantly expanded forward book, which increased 37% to a record £67 million, providing enhanced earnings visibility. Management emphasised that adjusted realised profit before tax was impacted by one-off bad debt provisions, while ongoing cost reductions, lower finance costs and operational efficiencies supported profitability. The company continues to invest in higher-value insolvency claims, expand its in-house legal team and strengthen business development, positioning the business for long-term growth. Manolete also introduced new medium-term growth targets focused on increasing average case values, improving revenue per lawyer, scaling operations and delivering stronger cash generation. With a market-leading position, a growing pipeline of high-margin claims, continued investment in technology and operational leverage, management believes the business is well placed to accelerate revenue growth, expand EBITDA and realised profits, and enhance shareholder returns over the next three to five years through disciplined capital allocation and future dividends or share buybacks once balance sheet priorities are met.