Made Tech Group

Contracted Backlog rebuild

Part of FY26 guidance ahead of consensus – FY26 delivered ahead of upgraded expectations, closed 30 Jun 2026

Backlog fell to c.£74m in December 2025 after weak H1 bookings. H2 bookings, the £19m GDS award and the c.£40m record award then rebuilt it. The 29 Sep 2026 results show £83.5m at the 31 May year-end (FY25: £93.4m) and about £115m at 31 July, with H1 FY27 expected to be the strongest bookings half.

Award size

approximately £40 million over four years, as part of a consortium

Revenue timing

starts in FY27, more significant contribution in FY28

FY27 guidance

revenue £63-66m; adjusted EBITDA £6.3-6.6m

Next milestone

H1 FY27 expected to be strongest half-year bookings 29 Sep 2026 ↗

Backlog 31 May

£83.5m, down 10.6% from £93.4m a year earlier 29 Sep 2026 ↗

Backlog 31 July

approximately £115m, including the record award 29 Sep 2026 ↗

Next: H1 FY27 bookings, expected to be the strongest half

1. 29 Sep 2026 Backlog about £115m at 31 July 2026
2. 18 Aug 2026 Backlog rebuilt to c.£115m
3. 30 Jun 2026 Bookings momentum; backlog healthy, no figure given
4. 15 Apr 2026 H2 bookings converting; £54m year-to-date