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Made Tech Group PLC ( (GB:MTEC) ) has issued an announcement.
Made Tech Group PLC has announced a strong financial performance for the year ending 31 May 2025, with revenue expected to reach approximately £46.4 million, marking a 20% increase from the previous year. The company also anticipates an adjusted EBITDA of around £3.4 million, a 42% rise from the prior year, driven by operational efficiencies. The company has secured significant new sales bookings, including a major contract with the Ministry of Justice’s Legal Aid Agency, leading to a substantial increase in its contracted backlog. With the UK Government’s focus on digital transformation, Made Tech is well-positioned for continued growth, expecting to exceed market expectations in the coming fiscal year.
Spark’s Take on GB:MTEC Stock
According to Spark, TipRanks’ AI Analyst, GB:MTEC is a Neutral.
Made Tech Group PLC’s overall stock score reflects a challenging financial situation with declining revenue and profitability issues, countered by a strong balance sheet. The technical analysis indicates weak momentum, and the valuation is unattractive due to a negative P/E ratio. However, recent corporate events show promising growth and strategic wins, providing a positive outlook for potential recovery.
To see Spark’s full report on GB:MTEC stock, click here.
More about Made Tech Group PLC
Made Tech is a provider of digital, data, and technology services aimed at enabling central government, healthcare, local government organizations, and other regulated industries to undergo digital transformation. The company’s strategic missions include modernizing legacy technology, accelerating digital service delivery, enhancing decision-making through data and automation, and building better systems through improved technology and delivery skills. Made Tech operates from four locations across the UK: London, Manchester, Bristol, and Swansea.
Average Trading Volume: 247,055
Technical Sentiment Signal: Buy
Current Market Cap: £45.53M
For an in-depth examination of MTEC stock, go to TipRanks’ Overview page.