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Altitude
(LSE:ALT)
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Rating:61Neutral
Price Target:
27.00 p
▲(3.85% Upside)
Action:Reiterated
Date:08/04/26
The score is primarily supported by strong revenue growth and a conservatively levered balance sheet, with moderately positive technical momentum. These positives are materially offset by very expensive valuation (extremely high P/E) and recent profitability/margin pressure alongside uneven cash-flow consistency.
Positive Factors
Revenue Growth
Sustained +40.9% YoY revenue growth indicates durable demand expansion and successful customer adoption. Over a 2-6 month horizon this supports scalable recurring revenue, funding product development and sales investments, and provides a structural tailwind for operating leverage as scale increases.
Negative Factors
Profitability Pressure
Margin compression and a slightly negative net income signal rising costs or pricing pressure that can erode long-term profitability. If sustained, weaker margins reduce cash available for reinvestment, impede margin-driven scalability, and strain the path to consistent net profitability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained +40.9% YoY revenue growth indicates durable demand expansion and successful customer adoption. Over a 2-6 month horizon this supports scalable recurring revenue, funding product development and sales investments, and provides a structural tailwind for operating leverage as scale increases.
Read all positive factors
Altitude (ALT) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£17.55M
Dividend YieldN/A
Average Volume (3M)74.83K
Price to Earnings (P/E)―
Beta (1Y)0.43
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees117
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding73,139,350
10 Day Avg. Volume29,274
30 Day Avg. Volume74,830
Financial Highlights & Ratios
PEG Ratio0.51
Price to Book (P/B)1.03
Price to Sales (P/S)0.35
P/FCF Ratio7.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.02
Revenue Forecast (FY)£27.12M
Altitude Business Overview & Revenue Model
Company Description
Altitude Group plc operates across North America and the United Kingdom, delivering technology-driven information solutions. A core offering is its proprietary technology platform, which integrates a supply chain for its network. This platform als...
Altitude Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
81
Very Positive
Cash Flow
58
Neutral
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 43.71M | 37.26M | 24.01M | 18.76M | 11.94M |
| Gross Profit | 13.27M | 14.16M | 10.37M | 7.47M | 5.11M |
| EBITDA | 3.88M | 2.03M | 1.40M | 1.34M | 960.00K |
| Net Income | -240.09K | 929.71K | 697.00K | 390.00K | 97.00K |
Balance Sheet | |||||
| Total Assets | 25.80M | 16.84M | 14.49M | 13.86M | 11.29M |
| Cash, Cash Equivalents and Short-Term Investments | 1.10M | 523.27K | 1.22M | 1.17M | 902.00K |
| Total Debt | 1.21M | 238.00K | 383.00K | 563.00K | 690.00K |
| Total Liabilities | 10.90M | 5.05M | 3.83M | 4.43M | 3.18M |
| Stockholders Equity | 14.90M | 11.79M | 10.66M | 9.43M | 8.11M |
Cash Flow | |||||
| Free Cash Flow | 2.04M | 1.16M | 338.00K | 445.00K | -1.08M |
| Operating Cash Flow | 2.20M | 1.49M | 2.13M | 1.55M | -227.00K |
| Investing Cash Flow | -2.63M | -1.92M | -1.80M | -1.10M | -852.00K |
| Financing Cash Flow | 825.57K | -207.73K | -257.00K | -225.00K | -164.00K |
Altitude Technical Analysis
Neutral
26.00
Price Trends
24.73
Negative
22.73
Positive
22.33
Positive
Market Momentum
-0.36
Positive
39.75
Neutral
28.26
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ALT, the sentiment is Neutral. The current price of 26 is above the 20-day moving average (MA) of 24.93, above the 50-day MA of 24.73, and above the 200-day MA of 22.33, indicating a neutral trend. The MACD of -0.36 indicates Positive momentum. The RSI at 39.75 is Neutral, neither overbought nor oversold. The STOCH value of 28.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:ALT.
Altitude Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | £10.33M | 5.70 | 24.87% | 7.38% | 0.70% | 37.35% | |
70 Outperform | £10.63M | 12.97 | 9.46% | 5.06% | 2.09% | -21.71% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | £17.55M | -95.48 | -3.31% | ― | ― | ― | |
53 Neutral | £26.79M | -23.30 | -44.78% | ― | -10.91% | -29.27% | |
53 Neutral | £6.75M | -26.22 | -2.24% | ― | -2.24% | -228.13% | |
42 Neutral | £6.72M | -2.22 | -40.32% | ― | -13.88% | -3.28% |
* Technology Sector Average
GB:ALT
Altitude
24.00
3.00
14.29%
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79.50
-5.69
-6.68%
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1.40
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15.70%
GB:CRDL
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97.60%
GB:ITIM
Itim Group PLC
21.50
-29.00
-57.43%
Altitude Corporate Events
Business Operations and StrategyExecutive/Board ChangesFinancial Disclosures
Altitude pivots to high-margin tech as restructuring nudges FY26 into loss
Positive
Aug 3, 2026
Altitude Group reported 19% revenue growth to $44.4 million for the year to 31 March 2026, driven by full-year contributions from University Gear Shop contracts and expansion of its affiliate programme. Despite higher adjusted operating profit of ...
Financial Disclosures
Altitude Group Delays Release of Full-Year 2026 Results
Neutral
Jul 29, 2026
Altitude Group plc has postponed the publication of its full year results for the period ended 31 March 2026, which had been expected on 29 July 2026, and now plans to release them next week. The brief update signals a rescheduling rather than a c...
Business Operations and StrategyExecutive/Board Changes
Altitude Group Reshapes Finance Leadership as U.S. Growth Takes Focus
Positive
Jul 3, 2026
Altitude Group plc has appointed experienced finance executive Richard Sowerby as Chief Financial Officer designate, succeeding Drew Whibley, who will step down from the board at the end of July 2026. Sowerby, a chartered accountant and former Alt...
Business Operations and StrategyExecutive/Board Changes
Altitude Group strengthens board with appointment of tech veteran Max Roberts
Positive
Jun 30, 2026
Altitude Group plc has appointed Max Roberts as an independent non-executive director, further strengthening its board as it pursues a technology-driven growth strategy in the branded merchandise and promotional products sector. Roberts brings ext...
Other
Altitude Strategy Chief Increases Stake with Share Purchase
Positive
Jun 11, 2026
Altitude Group plc disclosed a director dealing in its shares, with Chief Strategy Officer Martin Varley purchasing 26,124 ordinary shares at 21.8 pence each on 10 June 2026. The transaction, conducted on AIM, increases Varley’s beneficial h...
Business Operations and Strategy
Altitude Chief Strategy Officer Raises Stake with Share Purchase
Positive
Jun 8, 2026
Altitude Group plc reported that its Chief Strategy Officer, Martin Varley, has increased his stake in the company through the purchase of 180,222 ordinary shares at an average price of 19.0 pence per share. Following these transactions, conducted...
Business Operations and StrategyRegulatory Filings and Compliance
Altitude Group Issues New Shares and Grants Performance-Linked Options to Strategy Chief
Neutral
Jun 1, 2026
Altitude Group has issued 95,580 new ordinary shares following the partial vesting and exercise of employee share options granted in 2022, with the remaining 91,356 options lapsing where performance conditions were not met. After admission of thes...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.