Tandem Group

TND · AIM · Consumer Products and Services · mcap £9.4m · 175.0p

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

We follow 817 UK small caps and every one of their announcements – often hundreds per company. 41 companies are already wired into a briefing: browse them.

Financials · LTM to 30 Jun 26

Source: results 25 Sep 26 ↗

Revenue: £26.9m
Operating profit: £1.3m
Net income: £1.3m
Free cash flow: £433k
Net debt: £2.8m
Market cap: £9.2m
EV / EBIT: 9.5×
FCF yield: +4.7%
Price / book: 0.4×

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

Revenue: £11.9m
Operating profit: £220k
Net income: £70k
Cash from operations: −£858k

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 25 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	26.9	26.2	24.6
Gross profit	8.6	8.1	7.4
Adjusted EBITDA	–	1.3	1.1
Adjusted operating profit	1.3	1.0	0.8
Exceptional / adjusting items	0.0	(0.1)	(0.4)
Operating profit	1.3	0.9	0.4
Depreciation (owned assets)	0.3	0.3	0.3
Amortisation	0.0	0.0	0.0
Share-based payments	0.0	0.0	0.0
Finance costs	(0.3)	(0.3)	(0.4)
Profit before tax	1.0	0.6	0.0
Tax	0.3	0.3	(0.1)
Net income (owners)	1.3	0.8	(0.1)
EPS basic	23.7p	15.5p	(1.1p)
EPS diluted	23.6p	15.4p	(1.1p)
Dividend per share	–	3.0p	–

	H1 26	vs H1 25	H2 25	H1 25
Revenue	11.9	+7%	15.0	11.2
Gross profit	4.0	+15%	4.7	3.4
Adjusted operating profit	0.2	n/m	1.0	(0.1)
Exceptional / adjusting items	0.0	n/m	0.0	(0.1)
Operating profit	0.2	n/m	1.0	(0.2)
Depreciation (owned assets)	0.1	−10%	0.1	0.2
Amortisation	0.0	n/m	0.0	0.0
Share-based payments	0.0	n/m	0.0	0.0
Finance costs	(0.1)	−29%	(0.1)	(0.2)
Profit before tax	0.1	n/m	0.9	(0.4)
Tax	0.0	n/m	0.3	0.0
Net income (owners)	0.1	n/m	1.2	(0.4)
EPS basic	1.3p	–	22.4p	(6.9p)
EPS diluted	1.3p	–	22.3p	(6.9p)

	LTM Jun 26	FY 25	FY 24
Cash from operations	0.4	2.4	(0.7)
Interest paid	(0.2)	(0.3)	(0.3)
Tax paid	0.0	0.0	(0.0)
Capex (PP&E)	(0.0)	(0.0)	(0.1)
Shares issued	0.0	0.1	–

	H1 26	vs H1 25	H2 25	H1 25
Cash from operations	(0.9)	n/m	1.3	1.1
Interest paid	(0.1)	−29%	(0.1)	(0.2)
Tax paid	(0.0)	n/m	0.0	0.0
Capex (PP&E)	(0.0)	n/m	(0.0)	(0.0)
Shares issued	0.0	n/m	0.0	0.1

	Latest Jun 26	FY 25	FY 24
Other intangibles	5.4	5.5	5.5
Property, plant & equipment	16.5	16.6	14.9
Inventories	6.5	4.4	5.9
Trade receivables	6.5	6.5	6.4
Cash	0.5	1.5	1.4
Current assets	–	12.6	13.9
Total assets	36.1	35.0	34.9
Trade payables	6.7	5.4	4.9
Borrowings, current	0.2	0.3	2.3
Current liabilities	–	5.7	7.2
Borrowings, non-current	3.1	3.2	3.4
Pension surplus / (deficit)	0.2	(0.0)	(0.4)
Total liabilities	10.0	8.9	11.0
Total equity	26.1	26.1	23.9
Net cash / (debt) ex leases	–	(1.9)	(4.3)

	H1 26	H2 25	H1 25	H2 24
Other intangibles	5.4	5.5	5.5	5.5
Property, plant & equipment	16.5	16.6	14.8	14.9
Inventories	6.5	4.4	6.1	5.9
Trade receivables	6.5	6.5	5.1	6.4
Cash	0.5	1.5	0.4	1.4
Current assets	–	12.6	–	13.9
Total assets	36.1	35.0	32.5	34.9
Trade payables	6.7	5.4	5.3	4.9
Borrowings, current	0.2	0.3	0.3	2.3
Current liabilities	–	5.7	–	7.2
Borrowings, non-current	3.1	3.2	3.3	3.4
Pension surplus / (deficit)	0.2	(0.0)	–	(0.4)
Total liabilities	10.0	8.9	9.2	11.0
Total equity	26.1	26.1	23.3	23.9
Net cash / (debt) ex leases	–	(1.9)	–	(4.3)

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.