Made Tech Group (MTEC): Contracted Backlog rebuild

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£72m · 49.5p · +87% since the first step

Segment turn

Contracted Backlog rebuild

Backlog about £115m at 31 July 2026

Next: H1 FY27 bookings, expected to be the strongest half

Every step · 6

10 Dec 2025 Backlog down to c.£74.0m; pipeline active – Sales bookings for H1 FY26 were softer than the strong prior year performance but the Sales Booking pipeline remains very active with a number of... ↗
26 Feb 2026 Backlog £74.4m; post-period conversions, awards expected – Since the Period end, several opportunities have already converted with additional awards expected in the coming months, which further extends our... ↗
15 Apr 2026 H2 bookings converting; £54m year-to-date – We are particularly pleased to see the Sales Booking conversion of the pipeline we referenced at the Interim Results, further increasing our confidence in... ↗
30 Jun 2026 Bookings momentum; backlog healthy, no figure given – Made Tech will release its FY26 results in September and will provide an update on current trading at that time ↗
18 Aug 2026 Backlog rebuilt to c.£115m – Together with the Award, this has increased the current Contracted Backlog to approximately £115 million, providing increased revenue visibility into FY27... ↗
29 Sep 2026 Backlog about £115m at 31 July 2026 – H1 FY27 is expected to be Made Tech’s strongest half-year bookings performance ↗

What is happening

Made Tech Group: Contracted Backlog rebuild – Backlog about £115m at 31 July 2026. ['Backlog about £115m at 31 July 2026']

In short: Backlog fell to c.£74m in December 2025 after weak H1 bookings. H2 bookings, the £19m GDS award and the c.£40m record award then rebuilt it. The 29 Sep 2026 results show £83.5m at the 31 May year-end (FY25: £93.4m) and about £115m at 31 July, with H1 FY27 expected to be the strongest bookings half.
Announced: 10 Dec 2025 · Backlog down to c.£74.0m; pipeline active
Latest: 29 Sep 2026 · Backlog about £115m at 31 July 2026
Award size: approximately £40 million over four years, as part of a consortium
Revenue timing: starts in FY27, more significant contribution in FY28
FY27 guidance: revenue £63-66m; adjusted EBITDA £6.3-6.6m
Next milestone: H1 FY27 expected to be strongest half-year bookings
Backlog 31 May: £83.5m, down 10.6% from £93.4m a year earlier
Backlog 31 July: approximately £115m, including the record award
FY26 bookings: £50.7m vs £81.3m in FY25
Award: c.£40m over four years, largest in the company's history

H1 FY27 bookings, expected to be the strongest half.

Briefing Pro

What it does, how it got here, what management promised and delivered – written from its own announcements.

From the company's own announcements. Not investment advice.

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