Shearwater Group PLC Reports Full Year Results for the Year Ended 30 June 2026

Shearwater Group PLC reported revenue of £42.3 million for the year ended 30 June 2026, up 34% on an annualised basis. Adjusted EBITDA rose 44% to £2.6 million, while adjusted profit before tax increased 186% to £1.4 million; its statutory loss before tax narrowed to £0.3 million. The company attributed growth to Services contract wins and a larger customer base, and reported £5.6 million in cash with no borrowings. Management said it was optimistic about FY27 performance.