Touchstar

FY24 revenue fell 4.6% to £6.89m from £7.22m after a major order was delayed, and guidance was cut in October 2024.

“Management now consider that the revenue for FY24 will below their previous expectation and will be broadly similar to the first half with a consequential impact on profits for the year.”29 Oct 2024 · Trading Update “Revenue decreased by 4.6% to £6,893,000 (FY23: £7,224,000). The decline was predominately due to a large petrochemical distribution installation being delayed from Q4 2024 to 2025.”29 Apr 2025 · Final Results

The conclusion came on 17 February 2025, about six weeks after the target: the company stays standalone.

“Following a comprehensive review of the available options and in consultation with its advisers, the Board has determined that it is in the best interests of shareholders for the Company to remain a stand-alone AIM-quoted entity.”17 Feb 2025 · Trading Update & Conclusion of Strategic Review “The board of directors (the "Board") of Touchstar plc (AIM:TST) announces a trading update for the year ended 31 December 2024 together with the conclusion of the strategic review process that commenced on 26 September 2024 (the "Strategic Review").”17 Feb 2025 · Trading Update & Conclusion of Strategic Review

In December 2025 revenue was guided to about £6.7m, below market expectations.

“FY25 revenue is expected to be below market expectations at around £6.7m, with only a small pre-tax trading profit for the year.”16 Dec 2025 · Trading Update

Recurring revenue rose 5.2% to £3.2m in 2025.

“The recurring revenue run rate is expected to grow further in 2025”29 Apr 2025 · Final Results “Recurring revenue increased over 5% to £3,209,000, representing 47% of total turnover (2024: £3,051,000; 44%).”7 May 2026 · Results for the year ended 31 December 2025

2025 revenue fell to £6.82m from £6.89m, with a £1.3m pre-tax loss.

“Revenue declined slightly to £6,821,000 (FY24: £6,893,000), reflecting customer hesitancy amid economic uncertainty.”7 May 2026 · Results for the year ended 31 December 2025 “Including exceptional items, the Group reported a pre‑tax loss of £1,397,000 (FY24: £388,000 profit).”7 May 2026 · Results for the year ended 31 December 2025

Restructuring and rationalisation continued through 2026, with the focus on H2 2026 execution.

“2025 restructuring has strengthened the organisational foundation, creating two balanced divisions and embedding clearer accountability, positioning the Group for improved scalability and growth.”7 May 2026 · Results for the year ended 31 December 2025 “The transformation has proved more extensive than initially anticipated, with additional legacy issues and organisational change requiring attention, which has inevitably affected the pace at which these improvements translate into near-term revenue; however, the actions taken are creating a stronger business”28 Sep 2026 · Half-year Results

Buybacks restarted in May 2025 and were expanded to £1m in June 2025; the amount actually bought is not shown.

“The Company intends to resume purchasing its own shares. We believe up to £1.0m could be applied for share buybacks in the next year although the exact level will be dependent upon availability of shares and the price.”29 Apr 2025 · Final Results “Touchstar plc (AIM: TST), suppliers of mobile data computing solutions and managed services to a variety of industrial sectors, is pleased to announce the launch of an extension and expansion initial share buyback programme of ordinary shares of 5 pence each ("Ordinary Shares") now having the ability to repurchase up to £1,000,000 worth of Ordinary Shares (the "Buyback Programme"), effective from today.”24 Jun 2025 · Results of AGM, Business Update & Share Buyback

Not yet due.

Not yet due.

Not yet due.