Top Page
essensys PLC
(LSE:ESYS)
essensys PLC (ESYS) vs. iShares MSCI United Kingdom ETF (EWC)
essensys PLC Business Overview & Revenue Model
essensys PLC Financial Statement Overview
| Breakdown | Jul 2025 | Jul 2024 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 19.18M | 24.13M | 25.25M | 23.30M | 21.98M |
| Gross Profit | 6.90M | 13.74M | 14.91M | 14.11M | 14.23M |
| EBITDA | -1.30M | -637.00K | -10.46M | -7.81M | 681.00K |
| Net Income | -5.57M | -3.31M | -15.71M | -10.80M | -3.34M |
Balance Sheet | |||||
| Total Assets | 16.18M | 22.72M | 27.52M | 47.33M | 52.20M |
| Cash, Cash Equivalents and Short-Term Investments | 1.78M | 3.10M | 7.86M | 24.12M | 36.90M |
| Total Debt | 673.00K | 1.44M | 1.57M | 3.13M | 1.94M |
| Total Liabilities | 4.68M | 5.96M | 6.93M | 11.85M | 7.27M |
| Stockholders Equity | 11.50M | 16.76M | 20.58M | 35.48M | 44.92M |
Cash Flow | |||||
| Free Cash Flow | 1.80M | -3.18M | -14.31M | -12.43M | -1.39M |
| Operating Cash Flow | 2.25M | -1.07M | -9.84M | -6.80M | 1.89M |
| Investing Cash Flow | -2.55M | -2.09M | -4.14M | -5.53M | -3.28M |
| Financing Cash Flow | -999.00K | -1.54M | -2.00M | -1.04M | 29.82M |
essensys PLC Technical Analysis
essensys PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | £99.52M | 54.18 | 5.30% | ― | -3.95% | 16.87% | |
70 Outperform | £466.80M | 71.10 | 1.56% | 1.73% | -0.18% | 11.49% | |
69 Neutral | £109.03M | 41.31 | 4.88% | ― | 0.97% | -71.58% | |
62 Neutral | £52.14M | -9.99 | 11.22% | 2.44% | -25.63% | -20.36% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | £16.74M | -1.93 | -29.25% | ― | 10.00% | 34.02% | |
47 Neutral | £10.53M | -2.91 | ― | ― | -5.21% | 76.14% |
essensys PLC Corporate Events
Essensys PLC, a provider of SaaS-based connectivity and workspace management technology for landlords and flexible workspace operators, has refocused under new leadership on two main offerings: the essensys Platform for enterprise-grade wi-fi and data insights, and elumo for bookings, access and monetisation of flexible, bookable spaces. With operations in London, New York, Sydney and Amsterdam, it serves customers across the UK, Europe, North America and Asia-Pacific, targeting multi-site flexible workspace providers seeking scalable, revenue-focused digital infrastructure.
Essensys has agreed to a recommended takeover by newly formed essensys Bidco Limited, backed by CEO Mark Furness and a concert party, via a cash offer of 17 pence per share valuing the company at about £11.3 million, representing modest premiums to recent trading prices. An independent committee of directors, advised by Canaccord Genuity on the financial terms, considers the cash offer fair and reasonable and intends to unanimously recommend that shareholders accept it, while an alternative non-voting share offer in Bidco is also being made, signalling a likely move to private ownership and a shift in capital structure for existing investors.
The offer is conditional on Bidco securing acceptances or acquisitions of at least 90% of the shares to which the offer relates, with the ability to lower this threshold to not less than 50% of voting rights, and will lapse if not made effective by a specified long stop date. Independent director Jon Lee, the only board member with a personal shareholding, has irrevocably committed to accept the cash offer in respect of his stake, reflecting constraints on holding unlisted shares in his ISA and SIPP and underscoring the expectation that any successful bid would result in the company leaving the public markets.
The most recent analyst rating on (GB:ESYS) stock is a Sell with a £17.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Essensys plc has secured a short extension to the put up or shut up deadline for a potential management-led takeover, as discussions continue with founder and non-executive director Mark Furness over a possible 20 pence-per-share all-cash offer. The UK Takeover Panel has agreed to move the deadline to 5 p.m. on 25 February 2026, maintaining uncertainty over whether a formal bid will materialise or on what terms, leaving shareholders and the wider flexible workspace technology market awaiting clarity on the company’s future ownership and strategic direction.
The revised timeline underscores ongoing engagement between the independent board and Furness, but the company has stressed there is no certainty that any firm offer will be made. Until a decision is announced, investors face a period of heightened deal risk and regulatory disclosure obligations under the Takeover Code, while Essensys continues to position its software platform and elumo product for long-term growth in the flexible workspace and commercial real estate sectors.
The most recent analyst rating on (GB:ESYS) stock is a Sell with a £17.50 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Essensys plc reported that all 12 resolutions put to shareholders at its Annual General Meeting on 30 January 2026 were approved on a poll, including the receipt of the 2025 accounts, endorsement of the directors’ remuneration report, re-election of four existing directors, election of a new director, reappointment of the auditor and authority for the board to set audit fees. Investors also backed board authorities to allot equity securities, disapply pre-emption rights in certain circumstances and permit market purchases of the company’s shares, reinforcing management’s flexibility over capital allocation and corporate actions as it pursues its streamlined growth strategy in the flexible workspace technology market.
The most recent analyst rating on (GB:ESYS) stock is a Sell with a £15.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Essensys plc has announced that Chief Financial Officer Greg Price will resign to take up the same role at Cerillion plc, with his departure scheduled for the end of April 2026 following an orderly handover. Chairman Jon Lee credited Price with strengthening the group’s financial position, enhancing financial discipline and supporting strategy execution during a period of change, and the transition underscores a key leadership shift for the flexible workspace technology provider as it continues to pursue its growth and digital transformation agenda with stakeholders watching for the appointment of a successor CFO.
The most recent analyst rating on (GB:ESYS) stock is a Sell with a £15.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Essensys plc has issued and allotted 15,348 new ordinary shares following the exercise of employee share options, with admission of the new shares to trading on AIM expected on 28 January 2026. Following this admission, the company’s issued share capital will comprise 64,811,336 ordinary shares, all of which carry voting rights and none of which are held in treasury, a figure that shareholders are advised to use when assessing disclosure thresholds under UK regulatory rules and in the context of any applicable takeover code reporting requirements.
The most recent analyst rating on (GB:ESYS) stock is a Sell with a £15.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Essensys plc has secured a further extension to the regulatory “put up or shut up” deadline for a potential management-led takeover, allowing founder and non-executive director Mark Furness until 20 February 2026 to decide whether to make a firm all-cash offer for the entire issued share capital at a previously indicated 20 pence per share or to walk away. The extension, granted by the UK Takeover Panel, keeps strategic uncertainty in play for shareholders while talks continue, underlining ongoing interest from the company’s founder but offering no assurance that a binding bid will ultimately emerge or on what terms, with the board promising further updates as required under takeover rules.
The most recent analyst rating on (GB:ESYS) stock is a Sell with a £13.50 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Essensys plc has announced the publication and posting of its Annual Report and Accounts for the year ended 31 July 2025, along with the notice of its 2025 Annual General Meeting scheduled for 30 January 2026 at its London offices. To broaden access and engagement, the company will stream the AGM via the Investor Meet Company platform, enabling shareholders to follow proceedings and submit questions remotely while encouraging them to exercise their voting rights in advance by proxy, signalling a continued emphasis on transparent governance and investor outreach as it pursues long-term growth in the flexible workspace technology sector.
The most recent analyst rating on (GB:ESYS) stock is a Buy with a £41.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Essensys reported a sharp decline in FY25 revenue to £19.2m and a reduction in annual recurring revenue following the expected downsizing of a major customer and a deliberate shift away from lower-margin hardware and network sales, but achieved a return to positive adjusted EBITDA of £1.3m, improved gross margins to 59%, and completed a data centre decommissioning that delivers £1.5m in annualised cost savings. The group launched its new elumo product with initial sales across core markets, restructured around its two core platforms to drive scalable operations and further cost savings, and strengthened its board, but warned that FY26 performance is expected to fall materially below management expectations amid macroeconomic headwinds and slower-than-hoped adoption of elumo, while founder and non-executive director Mark Furness has tabled a preliminary proposal for a possible all-cash takeover at 20 pence per share.
The most recent analyst rating on (GB:ESYS) stock is a Buy with a £41.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
Essensys plc has secured an extension to the formal ‘put up or shut up’ deadline for a potential takeover bid from its founder and non-executive director Mark Furness, who in November submitted a preliminary, non-binding proposal for an all-cash offer at 20 pence per share. Following consent from the UK Takeover Panel, Furness now has until 5 p.m. on 23 January 2026 to either announce a firm intention to make an offer for the whole company or to confirm that he will not proceed, with the board stressing that there is no certainty a binding bid will emerge or on what terms, leaving shareholders and other stakeholders facing continued uncertainty over the company’s ownership and strategic direction.
The most recent analyst rating on (GB:ESYS) stock is a Buy with a £41.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.
essensys plc has announced the exercise of employee share options, resulting in the issuance of 44,158 new ordinary shares, which will be admitted to trading on the AIM market of the London Stock Exchange. This move increases the company’s total issued share capital to 64,795,988 ordinary shares, all of which have voting rights. This development reflects essensys’ ongoing operational adjustments and could impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:ESYS) stock is a Buy with a £41.00 price target. To see the full list of analyst forecasts on essensys PLC stock, see the GB:ESYS Stock Forecast page.