3 August 2026
accesso® Technology Group plc
("accesso" or the "Group")
Half Year Trading Update and Notice of Results
On track to deliver full year performance in line with guidance alongside strategic progress
accesso Technology Group plc (AIM: ACSO), the premier technology solutions provider for leisure, entertainment, and cultural markets, today provides an update on trading for the six months ended 30 June 2026 ("H1 FY26").
Trading in H1 FY26 was resilient and in line with the Board's expectations, with encouraging commercial momentum across the Group's growth initiatives and early strategic progress under the leadership of the Group's new CEO.
The Group has benefitted from cost efficiency measures implemented earlier in the year, while continuing to invest selectively to drive future growth, including expanding its AI and payments capabilities.
As part of its strategy, accesso is bringing its products together as a single, connected ecosystem - spanning ticketing; food, beverage and retail; guest experience; and virtual queuing - underpinned by its payments capability, accessoPay, which is now live, with the first customers expected to begin transacting during August.
Recent commercial activity has demonstrated a growing demand for this integrated offering. H1 has seen an increasing number of multi-product deals sold within a single commercial relationship, with a developing pipeline aligned to a bundled offering.
Outlook
The Board's outlook for FY26 remains unchanged, with anticipated full-year revenue of approximately $146m and Cash EBITDA of approximately $20m. Consistent with the Group's typical pattern, trading is expected to be weighted to the second half of the year which captures the summer and Halloween seasons.
As noted at the time of the full-year results, the Group's full-year expectations continue to include a number of milestone-based revenues from projects in the Middle East, principally in Saudi Arabia. Approximately $1.9m of this milestone revenue remains dependent on delivery in the second half of the year. The Board will provide a further update alongside the Group's interim results.
The Board also notes the separate announcement today regarding an IT security incident. Based on the work performed to date, the Board currently assesses that there is a low risk of financial exposure and the incident does not impact the Board's view on outlook.
Notice of results
accesso expects to announce its interim results for the six months ended 30 June 2026 on Tuesday 15 September 2026.
Lee Cowie, Chief Executive Officer of accesso, commented:
"Trading in the first half was resilient and in line with our expectations, and we have made encouraging progress in executing our strategy. We are pleased to be seeing growing customer engagement aligned to our integrated platform offering, which brings together solutions across the guest experience lifecycle through a single commercial relationship. Customers are responding positively to the simplicity of the proposition and the clearer return on investment it provides, giving us confidence in the opportunity to drive increased customer value, sustainable growth and margin improvement over time."
For further information, please contact:
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accesso Technology Group plc |
+44 (0)118 934 7400 |
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Lee Cowie, Chief Executive Officer |
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Matthew Boyle, Chief Financial Officer |
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Deutsche Numis (Nominated Adviser and Joint Broker) |
+44 (0)20 7260 1000 |
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Joshua Hughes, Iqra Amin, Spencer Clark |
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Shore Capital (Joint Broker) |
+44 (0)20 7408 4090 |
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Daniel Bush, Fiona Conroy, Sophie Collins |
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Alma Strategic Communications |
+44 (0)20 3405 0205 |
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Hilary Buchanan, Josh Royston, David Ison |
About accesso Technology Group plc
At accesso, we believe technology has the power to redefine the guest experience. Our patented and award-winning solutions drive increased revenue for attraction operators while improving the guest experience. Currently serving over 1,100 clients in 31 countries around the globe, accesso's solutions help our clients streamline operations, generate increased revenues, improve guest satisfaction and harness the power of data to facilitate business and marketing decisions.
accesso stands as the leading technology provider of choice for tomorrow's attractions, venues and institutions. To stay ahead, we invest heavily in research and development because our industries demand it, our clients benefit from it and it makes a positive impact on the guest experience. Our innovative technology solutions allow venues to increase the volume and range of on-site spending and to drive increased transaction-based revenue through cutting edge ticketing, point-of-sale, virtual queuing, distribution and experience management software.
Many of our team members have direct, hands-on experience working in the venues we serve. In this way, we are experienced operators who run a technology company serving attractions operators, versus a technology company that happens to serve the market. From our agile development team to our dedicated client service specialists, every team member knows that their passion, integrity, commitment, teamwork and innovation are what drive our success.
accesso is a public company, listed on AIM: a market operated by the London Stock Exchange. For more information visit www.accesso.com. Follow accesso on X, LinkedIn and Facebook.