Newmark Security PLC

NWT · AIM · Industrial Goods and Services · mcap £10m · 107.5p

Newmark's main business, Grosvenor Technology, makes timeclock devices and cloud software that connect to workforce management systems, earning growing subscription revenue. It formerly also ran Safetell, which supplied physical security products such as ballistic protection.

Target	Promise	Said	Status
2024
30 Apr 2024	Both divisions to deliver full year revenue growth in FY24	25 Jan 2024	✓ Kept
	“both divisions set to deliver full year revenue growth” Result FY24 revenue rose 10% to £22.3m from £20.3m. “Both divisions delivered growth through customer acquisition and increased recurring revenue streams, leading to improved profitability and cash generation.”10 Sep 2024 · Final Results “Group revenue grew again, increasing by 10% year-on-year to £22.3 million (2023: £20.3 million) with gross profit also increasing, up 12% to £8.6 million (2023: £7.6 million). This was driven by positive performances in both divisions.”10 Sep 2024 · Final Results
2025
30 Apr 2025	Generate higher FY25 revenue than the prior year (£22.3m)	10 Sep 2024	✓ Kept
	“remains on track to generate higher revenues than last year” Also stated 22 Oct 2024 · 31 Jan 2025 · 18 Mar 2025 Result FY25 revenue rose 3% to £23.0m. “Revenue up 3% to £23.0 million (2024: £22.3 million)”4 Sep 2025 · Final Results
31 Oct 2025	Deliver strong H1 FY26 results with sales growth and improved profitability	23 Oct 2025	✓ Kept
	“the Group is on track to deliver strong H1 results, marked by sales growth and improved profitability” Result H1 revenue £11.6m vs £10.2m; operating profit £0.1m vs prior loss; ahead of expectations. “The Group has delivered another successful period by executing its strategic objectives and achieving growth across both divisions.”15 Jan 2026 · Half-year Results
2026
30 Apr 2026	Continued significant HCM growth through FY26, particularly in North America	20 May 2025	✓ Kept
	“We are expecting continued significant HCM growth through FY26, particularly in North America” Result HCM revenue up 27% to £19.5m; North America up 43% to £14.1m. “Total HCM revenue up 27% to £19.5 million driven by 43% growth in North America”21 May 2026 · Full Year Trading Update “HCM has successfully delivered in accordance with its growth strategy, which has resulted in revenue increasing by 27% to £19.5 million. This performance was led by North America, where sales grew 43%”21 May 2026 · Full Year Trading Update
30 Apr 2026	Deliver revenue growth in FY26	4 Sep 2025	✓ Kept
	“we are forecasting revenue growth for the coming year, having already made a strong start to FY26” Result FY26 revenue guided at no less than £26m, up from £23m. “Group revenue for FY26 expected to be no less than £26 million, up over 13% (FY25: £23 million)”21 May 2026 · Full Year Trading Update