Team
TEAM · AIM · Financial Services · mcap £18m · 14.8p 1 open situation →
- EV
- £16.9m
- EV / EBIT
- –
- Net cash
- £1.4m
- FCF yield
- -3.2%
- Revenue
- £12.0m
- Share price 1y
- −45%
- Insiders 12m
- bought £31k
- Next report
- around 30 Mar
Timeline · every situation
dots = announcementsOpen · 1
Turnaround plan with targets◷ in 156 days
Path to cash breakeven
Hedley & Co contracts exchanged; awaiting FCA approval
TEAM completed WH Ireland on 24 March 2026 and the EPIC Book on 30 June 2026, and guided at the interims to monthly cash positive by end-2026 or early 2027. On 5 Oct 2026 it exchanged contracts for Hedley & Co (£3m), the UK bolt-on flagged in heads of terms. TEAM expects it to accelerate sustained month-on-month profitability. The group remains loss-making.
- Next milestone
- EPIC Book completion expected shortly, subject to regulatory approval 30 Jun 2026 ↗
- EPIC Book
- Completed 30 June 2026; eight mandates, c. £157m AUM, paid in 6,301,237 new shares 30 Jun 2026 ↗
- Share capital
- 121,237,082 Ordinary Shares after Admission, expected on or around 3 July 2026 30 Jun 2026 ↗
- Price
- £3,000,000 total, subject to adjustments, in cash and new TEAM shares; exchanged 5 October 2026 5 Oct 2026 ↗
- Completion terms
- £1.5m at completion (£1.0m cash, £0.5m shares); £1.5m deferred at 11 and 23 months 5 Oct 2026 ↗
- Contingent
- Additional contingent consideration capped at £2.0m, tied to EBITDA targets over three years 5 Oct 2026 ↗
Next: FCA approval and completion of Hedley & Co · 31 Mar 2027
- 5 Oct 2026 Hedley & Co contracts exchanged; awaiting FCA approval
- 30 Jun 2026 EPIC Book completed; integration continues
- 30 Jun 2026 Integration after acquisitions; targeting breakeven
Closed · 7
Company filings. Not investment advice.