Made Tech Group PLC Reports Strong Interim Results and Positive Outlook

Made Tech Group PLC ( (GB:MTEC) ) has issued an update.

Made Tech Group PLC has announced a strong trading performance for the first half of the fiscal year 2025, with significant financial growth and operational achievements. The company reported a 14% increase in revenue to £21.8 million and a 29% rise in adjusted EBITDA, reflecting the positive impact of their strategic investments. The company’s position in the UK public sector technology market is strengthened by Government initiatives that prioritize technology in public service transformation, leading to expected long-term growth. Despite the challenges posed by recent political changes, Made Tech’s robust sales bookings and expanded contracted backlog indicate a promising outlook, with expectations of continued revenue growth and positive free cash flow.

More about Made Tech Group PLC

Made Tech Group PLC is a leading provider of digital, data, and technology services focused on enabling digital transformation in the UK public sector. The company serves central government, healthcare, local government organizations, and other regulated industries. Made Tech’s offerings are aimed at modernizing legacy technology, accelerating digital service delivery, enhancing decision-making through data and automation, and building better systems.

YTD Price Performance: 9.90%

Average Trading Volume: 450,671

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £40.31M

For a thorough assessment of MTEC stock, go to TipRanks’ Stock Analysis page.