AdvancedAdvT AIM:ADVT
- Founded
- 2021 · London, England
- Incorporated
- British Virgin Islands
- Chief executive
- Vin Murria
- Employees
- 370
- Reports in
- GBP
- Companies House
- FC037739
Acquisition vehicle created by software entrepreneur Vin Murria to buy and build B2B software and technology-enabled businesses. Has acquired a portfolio of UK software assets and seeks further acquisitions, applying the buy-improve-grow playbook Murria used at Advanced Computer Software.
Read straight from the annual reports
185p at close on 2 Oct 2026 · 6 reported years, 2021–2026
| Line | FY202106/21 | FY202206/22 | FY202306/23 | FY202402/24 | FY202502/25 | FY202602/26 | FY2027unreported |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | |||||
| Gross profit | — | — | |||||
| Operating profit | vs 3.0 | ||||||
| Adjusted operating profit | — | — | vs 4.3 | ||||
| Exceptional items | vs 0.48 | — | |||||
| Net finance cost | |||||||
| Profit before tax | vs 7.5 | ||||||
| Tax charge | |||||||
| Profit for the year | |||||||
| EBITDA | — | — | |||||
| Basic EPS | |||||||
| Diluted EPS | |||||||
| Adjusted EPS | — | — | — |
GBP millions, negatives in brackets. Per-share lines in pence, share counts in millions. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated. The share price above is drawn to the same columns: each close sits over the financial year it fell in.
4 years, at a glance
Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.
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Shift to recurring/subscription and cloud-based (SaaS) revenue
Recurring revenue £43.2m, 81% of total revenue (2025: £34.8m, 80%)
page 3High renewal rates and contract expansions in regulated/public-sector accounts
Strong renewal performance, measured platform modernisation and improving delivery execution in Business Solutions
page 5Shift to cloud hosting on Microsoft Azure from mixed private hosting
Simplified hosting strategy... delivering benefits to both customers and internal operations, contributing to more predictable margins and supporting scalable growth
page 15Recurring revenue mix improvement
Adjusted EBITDA margin expanded from 21% (FY24) to 26% (FY25) to 27% (FY26)
page 15Entering the new financial year, the Group is encouraged by the level and quality of customer engagement across the portfolio... Overall, the Group is trading in line with management's expectations.
page 5Share buyback programme launched 4 March 2026 (up to £10m); as at 24 June 2026, 4,869,000 Ordinary Shares repurchased for a total cost of £7,828,000 (average 161p/share), held in treasury
page 65The Board is not recommending a dividend at this time; a disciplined capital-management approach initiated a share buyback programme (up to £10.0m over 12 months, launched March 2026) instead, on the basis the current market price does not adequately capture intrinsic value
page 16Directors concluded the going-concern basis is appropriate for at least 12 months from approval, supported by cash resources of £96.2m and net assets of £151.6m; auditor Baker Tilly Channel Islands Limited gave an unmodified/unqualified opinion with two key audit matters (acquisition accounting and fraud risk in revenue recognition), reporting nothing to those charged with governance on either
page 18- Artificial intelligence governance and liability risk from embedding AI-enabled automation into mission-critical platformsp.68
- Specialist personnel and knowledge retention risk given dependence on key senior management and domain specialistsp.68
- Competitive threats from larger, better-resourced competitors both domestically and internationallyp.68
- Security breaches, hacking, identity theft and fraud affecting Group or third-party/customer IT systemsp.70
Read from C000032-AR-2026-website.
8 annual reports read, FY2021 to FY2026
Open a year to see what its report said. Every line in it carries the page it was read from.
Sources: Companies House (5), FCA NSM (2), Company website (1)
FY2027Next report expected 3 Jul 2027