Shearwater targets FY2026 revenue of about £42 million and adjusted EBITDA of £2.5 million, beating forecasts
Shearwater Group (SWG) said it expects revenue of about £42 million for the year ended 30 June 2026, up 33% year on year, with adjusted EBITDA forecast at £2.5 million, a 41% increase, both ahead of market expectations. Net cash rose to £5.6 million from £5.1 million a year earlier. The company also plans to pursue a balance-sheet capital reallocation to support potential share buybacks and/or a dividend.