Made Tech Group PLC (MTEC) AI Stock Analysis

• Market Cap: £45.53M
• Dividend Yield: N/A
• Average Volume (3M): 185.46K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.91
• Revenue Growth: 6.21%
• EPS Growth: 17.82%
• Country: UK
• Employees: 426
• Sector: Technology
• Sector Strength: 79
• Industry: Information Technology Services
• EPS (TTM): >-0.01
• Shares Outstanding: 149,287,060
• 10 Day Avg. Volume: 161,789
• 30 Day Avg. Volume: 185,463
• PEG Ratio: -0.04
• Price to Book (P/B): 1.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -7.16
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 52 Neutral
• Price Target: ―

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.

Made Tech Group PLC Business Overview & Revenue Model

Company Description

Made Tech Group PLC is a leading provider of digital, data, and technology services to the public sector in the United Kingdom. The company specializes in helping government organizations improve their digital delivery through consultancy, software development, and cloud-based solutions. Made Tech's core services include digital transformation, service design, agile delivery, and data and AI capabilities, aimed at enhancing public sector efficiency and user experience.

How the Company Makes Money

Made Tech Group PLC generates revenue primarily through the provision of consulting services and digital transformation projects for public sector clients. The company engages in long-term contracts with government agencies and departments to deliver customized technology solutions, which include software development, IT infrastructure modernization, and data analytics services. Key revenue streams include project-based fees for service delivery, subscription models for ongoing support and maintenance, and consulting fees for strategic digital advisory services. Made Tech's earnings are significantly influenced by its ability to secure government contracts and maintain strategic partnerships within the public sector.

Made Tech Group PLC Financial Statement Overview

Summary

Made Tech Group PLC faces financial headwinds with declining revenue and negative profitability margins. Despite a strong balance sheet with no debt, the negative return on equity and cash flow inefficiencies highlight operational challenges. Strategic improvements are needed for financial recovery.

Income Statement

The income statement shows declining revenue with a negative growth rate of -4.05% from the previous year. The company is facing negative profitability margins, with a gross profit margin of 36.32% and a net profit margin of -6.36%, indicating operational challenges. The EBIT margin is -8.38%, and the EBITDA margin is -4.59%, reflecting inefficiencies and high operating costs.

Balance Sheet

The balance sheet reflects a stable financial structure with no debt, resulting in a favorable debt-to-equity ratio. The equity ratio is 79.89%, suggesting strong reliance on equity financing. However, the negative return on equity of -19.64% indicates that the company is not generating sufficient returns on its equity investments.

Cash Flow

Cash flow analysis shows a slight improvement in operating cash flow, but free cash flow remains negative at -568,000. The operating cash flow to net income ratio is negative, indicating cash flow challenges. The free cash flow to net income ratio also highlights inefficiencies in converting earnings to cash.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
41.19M	38.57M	40.20M	29.29M	13.33M	5.47M
	Gross Profit
14.69M	14.01M	14.39M	11.26M	5.01M	2.36M
	EBIT
-1.81M	-3.23M	-1.54M	-259.00K	-776.00K	387.00K
	EBITDA
-829.00K	-1.77M	-1.10M	49.00K	-511.00K	583.00K
	Net Income Common Stockholders
-1.24M	-2.45M	-1.60M	-308.00K	-781.00K	336.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
9.11M	7.65M	8.47M	12.33M	922.00K	986.00K
	Total Assets
18.29M	15.63M	20.18M	21.18M	4.22M	3.26M
	Total Debt
143.00K	0.00	140.00K	320.00K	1.73M	625.00K
	Net Debt
-8.96M	-7.65M	-8.33M	-12.01M	803.00K	-361.00K
	Total Liabilities
4.77M	3.14M	4.97M	6.39M	5.01M	2.08M
	Stockholders Equity
13.52M	12.49M	15.21M	14.79M	-787.00K	1.17M
Cash Flow		Free Cash Flow
1.94M	-568.00K	-3.69M	-661.00K	48.00K	253.00K
	Operating Cash Flow
2.02M	778.00K	-521.00K	1.68M	320.00K	392.00K
	Investing Cash Flow
-129.00K	-1.10M	-3.14M	-2.34M	-272.00K	-139.00K
	Financing Cash Flow
-664.00K	-506.00K	-194.00K	12.07M	-112.00K	-417.00K

Made Tech Group PLC Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 30.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MTEC, the sentiment is Positive. The current price of 30.5 is above the 20-day moving average (MA) of 29.91, above the 50-day MA of 27.26, and above the 200-day MA of 23.67, indicating a bullish trend. The MACD of 0.92 indicates Positive momentum. The RSI at 61.39 is Neutral, neither overbought nor oversold. The STOCH value of 38.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:MTEC.

Made Tech Group PLC Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CHRT	76 Outperform	£717.89M	31.66	18.73%	0.69%	13.49%	47.00%
SCT	76 Outperform	£3.65B	29.13	47.63%	0.48%	10.75%	10.61%
TRCS	71 Outperform	£144.14M	280.70	0.76%	1.00%	1.71%	-89.07%
Sector *	62 Neutral	$11.80B	10.10	-7.47%	2.99%	7.37%	-8.16%
GATC	56 Neutral	£24.27M	40.53	3.66%	2.60%	4.14%	-45.24%
MTEC	52 Neutral	£45.53M	―	-8.80%	―	6.21%	17.82%

Made Tech Group PLC Corporate Events

Made Tech Group PLC Reports Strong Sales Growth and Key Contract Wins

Made Tech Group PLC has announced significant sales growth in the second half of FY25, with total sales bookings reaching £68.2 million, marking an 89% increase from the previous year. Key contract wins include agreements with the Department for Business and Trade and the Ministry of Justice, highlighting the company’s strong market position and reinforcing its reputation for delivering critical digital solutions. The company is on track for double-digit revenue and EBITDA growth, with expectations for continued momentum into FY26.

Made Tech Group PLC Reports Strong Interim Results and Positive Outlook

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.