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RC Fornax plc ( (GB:RCFX) ) has provided an announcement.
RC Fornax has reported a robust start to its financial year ending August 2026, with a significant increase in orders, marking the best quarter in the company’s history. The company attributes this growth to enhanced customer engagement following the Strategic Defence Review and operational improvements. The increase in new orders, including from three new clients, reflects a strong upward trajectory expected to convert into revenue throughout FY26. The company’s strengthened governance and risk management have improved its operational performance, positioning it well for future growth. The board is optimistic about the remainder of FY26, with a clear strategy for sustainable growth, including the development of Procure X and Smart Suite.
More about RC Fornax plc
RC Fornax PLC is an AIM-quoted company providing outcome-based engineering solutions to the UK defence industry. It was founded in 2021 by RAF veterans Paul Reeves and Daniel Clark, who are committed to improving project efficiencies and delivering value for money in the sector.
Average Trading Volume: 298,434
Technical Sentiment Signal: Strong Sell
Current Market Cap: £3.52M
Find detailed analytics on RCFX stock on TipRanks’ Stock Analysis page.