Maintel Holdings

MAI · AIM · Telecommunications · mcap £12m · 61.5p

Beta Briefing, track record and bull & bear case are not ready for Maintel Holdings yet.

We follow 817 UK small caps and every one of their announcements – often hundreds per company. 44 companies are already wired into a briefing: browse them.

Financials · LTM to 30 Jun 26

Source: results 30 Sep 26 ↗

Revenue: £90.9m
Operating profit: −£1.4m
Net income: −£2.7m
Free cash flow: −£2.3m
Net debt: £20.3m
Market cap: £11.5m
EV / EBIT: –
FCF yield: −19.6%
Price / book: 0.8×

Latest half-year · H1 26 vs H1 25 results 30 Sep 26 ↗

Revenue: £45.2m
Operating profit: −£924k
Net income: −£1.8m
Cash from operations: −£1.2m

Extracted automatically from the company's results announcements; check the source before relying on a figure. Not investment advice.

Income statement Cash flow Balance sheet

Annual Half-yearly

Latest report: H1 26 (six months to 30 Jun 26), published 30 Sep 26 · read the results ↗

£m unless stated · newest first · italic = calculated (LTM, H2 = FY − H1) · hover a value for its source

	LTM Jun 26	FY 25	FY 24
Revenue	90.9	92.2	97.9
Gross profit	27.4	28.0	30.6
Adjusted EBITDA	7.0	7.2	10.5
Exceptional / adjusting items	(2.8)	(2.2)	(2.2)
Operating profit	(1.4)	(0.4)	2.4
Depreciation (owned assets)	0.7	0.7	0.7
Depreciation (right-of-use)	0.7	0.7	0.5
Amortisation	(3.7)	(3.9)	(4.6)
Share-based payments	(0.1)	(0.1)	(0.1)
Finance costs	(1.7)	(1.8)	(2.0)
Profit before tax	(3.2)	(2.3)	0.4
Tax	0.4	0.6	0.1
Net income (owners)	(2.7)	(1.7)	0.5
EPS basic	(16.0p)	(11.8p)	3.6p
EPS diluted	(16.0p)	(11.8p)	3.5p

	H1 26	vs H1 25	H2 25	H1 25
Revenue	45.2	−3%	45.7	46.5
Gross profit	13.4	−4%	14.0	14.0
Adjusted EBITDA	3.2	−5%	3.8	3.4
Exceptional / adjusting items	(1.0)	+138%	(1.8)	(0.4)
Operating profit	(0.9)	n/m	(0.5)	0.1
Depreciation (owned assets)	0.4	−4%	0.3	0.4
Depreciation (right-of-use)	0.3	+12%	0.4	0.3
Amortisation	2.4	+11%	(6.0)	2.1
Share-based payments	0.0	n/m	(0.1)	0.0
Finance costs	(0.8)	−12%	(0.9)	(0.9)
Profit before tax	(1.7)	n/m	(1.4)	(0.8)
Tax	(0.1)	n/m	0.5	0.0
Net income (owners)	(1.8)	n/m	(0.9)	(0.8)
EPS basic	(9.7p)	–	(6.3p)	(5.5p)
EPS diluted	(9.7p)	–	(6.3p)	(5.5p)

	LTM Jun 26	FY 25	FY 24
Cash from operations	1.7	5.2	8.5
Interest paid	(1.7)	(2.0)	(1.6)
Capex (PP&E)	(0.3)	(0.6)	(0.6)
Capex (intangibles)	(3.1)	(2.1)	(3.1)
Lease principal paid	(0.6)	(0.7)	(1.0)

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	(1.2)	n/m	3.0	2.2
Interest paid	(1.0)	−25%	(0.7)	(1.3)
Capex (PP&E)	(0.1)	−77%	(0.2)	(0.4)
Capex (intangibles)	(1.8)	+129%	(1.3)	(0.8)
Lease principal paid	(0.3)	−26%	(0.3)	(0.4)
Shares issued	3.2	n/m	–	0.0

	Latest Jun 26	FY 25	FY 24
Other intangibles	47.3	46.7	47.9
Property, plant & equipment	1.4	1.4	0.9
Inventories	0.3	0.3	0.8
Trade receivables	27.6	23.8	24.7
Cash	(2.3)	0.6	4.1
Current assets	25.6	24.8	29.6
Total assets	77.0	75.9	79.9
Trade payables	37.9	38.3	41.6
Borrowings, current	0.3	1.5	0.7
Lease liabilities, current	0.9	0.7	0.4
Current liabilities	39.2	41.0	42.8
Borrowings, non-current	17.7	17.3	20.0
Lease liabilities, non-current	0.3	0.9	0.5
Total liabilities	62.5	62.7	65.1
Total equity	14.5	13.3	14.8
Net cash / (debt) ex leases	(22.5)	(18.3)	(16.7)

	H1 26	H2 25	H1 25	H2 24
Other intangibles	47.3	46.7	–	47.9
Property, plant & equipment	1.4	1.4	–	0.9
Inventories	0.3	0.3	–	0.8
Trade receivables	27.6	23.8	–	24.7
Cash	(2.3)	0.6	–	4.1
Current assets	25.6	24.8	–	29.6
Total assets	77.0	75.9	–	79.9
Trade payables	37.9	38.3	–	41.6
Borrowings, current	0.3	1.5	–	0.7
Lease liabilities, current	0.9	0.7	–	0.4
Current liabilities	39.2	41.0	–	42.8
Borrowings, non-current	17.7	17.3	–	20.0
Lease liabilities, non-current	0.3	0.9	–	0.5
Total liabilities	62.5	62.7	–	65.1
Total equity	14.5	13.3	–	14.8
Net cash / (debt) ex leases	(22.5)	(18.3)	(18.0)	(16.7)

Line items extracted automatically from each results announcement; when a later report restates a period, the later figure is shown. LTM and H2 are calculated from reported periods. Check the source before relying on a figure.

Company filings. Not investment advice.