Concurrent Technologies Plc
(the “Company” or the “Group”)
Final results for the year ended 31 December 2025
Double digit growth with a record order intake and continued strategic execution
Concurrent Technologies Plc (AIM: CNC), a designer and manufacturer of leading-edge computer products, systems, and mission-critical solutions used in high-performance markets by some of the world’s major OEMs, announces its audited final results for the year ended 31 December 2025 (“FY25”).
Financial highlights
| 2025 | 2024 | % change | |
| Revenue | £45.9m | £40.3m | +14% |
| Gross profit | £24.5m | £20.0m | +22% |
| Profit before tax (PBT) | £6.5m | £5.2m | +25% |
| Earnings per share | 5.86p | 5.49p | +7% |
| EBITDA | £10.1m | £7.8m | +29% |
| Order intake | £47.0m | £41.0m | +15% |
| Closing cash | £14.4m | £13.7m | +5% |
- Double-digit growth in revenue, PBT and Adjusted EBITDA, reflecting continued progress across the Products and Systems business units.
- Products business unit reinforced market leadership in the year, with revenue up 6% to £40.5m (FY24: £38.2m) and profit up 8% to £6.8m (FY24: £6.3m).
- Systems business unit gaining momentum, with revenue of £5.4m, up 157% (FY24: £2.1m).
- Total order intake increased to a record £47m, driven by deepening relationships with global defence primes and the increasing relevance of Concurrent’s technology to next-generation programmes.
- The Group’s cash position improved further to £14.4m (FY24: £13.7m), providing flexibility to invest in growth opportunities.
Operational highlights
- Continued investment in R&D to maintain performance leadership in mission-critical applications.
- Operational capacity expanded in both the UK and United States, with a new manufacturing capability in Colchester and the new state-of-the-art facility in Los Angeles.
- Technology leadership strengthened and product portfolio broadened through the launch of five differentiated new products, with another five already launched in the current year, along with expanded capabilities aligned with open standards such as SOSA and VPX.
- Successfully increasing speed to market demonstrated through early access to Intel® Xeon® 6516P-B processors, six months ahead of general availability, and launch of Bragi, the first 3U VPX PIC incorporating NVIDIA’s Blackwell processor.
- The Group is increasingly being selected for larger scale contracts, and in FY25 strengthened its Design Services offering with Concurrent’s largest contract to date at $6.2m, broadening the Company’s role within customer programmes and deepening long-term engagement.
Outlook
- Positive momentum in early FY26 supported by record order intake, a growing pipeline of design wins and expanded operational capacity.
- Growing portfolio of long-lifecycle design wins provides enhanced multi-year revenue visibility, with several programmes expected to transition into sustained production and revenue generation from FY26.
- While the macro-economic environment remains uncertain, underlying market dynamics remain supportive and the strength of the Company’s pipeline, the robust balance sheet and disciplined supply chain management mean that the Board is confident of delivering results for FY26 in line with market expectations.1
Miles Adcock, CEO of Concurrent Technologies, commented: “Concurrent delivered another year of strong financial and strategic progress in 2025, with double-digit growth in revenue and profit alongside a record order intake. This performance reflects continued momentum in our core Products business and encouraging progress in Systems, where ongoing investment is building a platform for future scale.
“The strength of our relationships with leading global defence primes and the growing portfolio of long-visibility design wins provide increasing visibility as programmes begin to transition into sustained production. At the same time, continued investment in our operational infrastructure and technology capability is enhancing our ability to support larger and more complex customer programmes.
“While cognisant of the broader macro-economic environment, underlying market dynamics remain supportive and the strength of the Company’s pipeline, our robust balance sheet and disciplined supply chain management mean that the Board is confident of delivering results for FY26 in line with market expectations1.”
1 As at 10 April 2026, the Board understands that market expectations for FY2026, based on published analyst forecasts, are for revenue of £52.0m, and profit before tax of £8.0m.