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

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

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