MEDIAZEST PLC - Interim Results

MediaZest plc delivered a record first-half performance for the six months ended 31 March 2026, reporting strong growth in revenue, profitability and cash generation. The audiovisual solutions provider achieved 40% year-on-year revenue growth, maintained gross margins above 50%, and recorded its highest-ever profit after tax, supported by improved operating performance, debt restructuring and a strengthened balance sheet. The company benefited from growing demand across its core retail, automotive and corporate markets, underpinned by long-term blue-chip customer relationships and an expanding base of recurring service and maintenance revenues, now exceeding £1.2 million annually. Key project wins included a major rollout for First Rate Exchange Services, with a 1,200-site deployment providing significant order book visibility into FY2027, alongside continued work with clients including Pets at Home, Lululemon, Arc’teryx, Hyundai and Kia. Management continues to invest in personnel, cybersecurity and IT infrastructure to support future growth, while pursuing an acquisition-led strategy aimed at consolidating the fragmented European digital signage market. Following a successful £215,000 fundraising and the write-off of more than £500,000 of historic interest liabilities, MediaZest has significantly enhanced its financial position and expects full-year revenue to exceed £5 million, with net profit ahead of market expectations. The company remains confident in its growth strategy, driven by increasing adoption of digital signage, data-led ROI solutions and scalable recurring revenue streams, positioning the business for sustained expansion and long-term shareholder value creation.