AIM:SWG · Technology · Cybersecurity, managed security services and professional advisory solutions (AIM-listed)

Shearwater Group plc

Shearwater Group plc is a UK-based, AIM-listed group providing cybersecurity, managed security and professional advisory solutions, operating through two divisions: Services (cybersecurity solutions, managed security, advisory and penetration testing via brands including Brookcourt Solutions and Pentest) and Software (proprietary multi-factor authentication/access management and data discovery tools via SecurEnvoy). Services generated 96% of FY26 revenue and Software 4%. The Group serves a blue-chip client base including FTSE 350, Fortune 500 and government customers across the UK and internationally.

Export the Shearwater Group plc factsheetfree account Open the FY2026 report

Share price and financials

No price history · 12 reported years, FY2015–FY2026

No daily prices have been collected for this company.

Line	FY2015locked	FY2016locked	FY2017locked	FY2018locked	FY2019locked	FY2020locked	FY2021locked	FY2022locked	FY2023locked	FY202606/26
Revenue	50.5	20.1	34.9	45.4	26.0	36.9	19.5	34.7	42.1
Gross profit	7.4	7.1	11.9	11.0	8.6	8.5	7.0	5.6	6.8
Operating profit	(6.0)	(4.1)	(5.6)	(7.2)	(4.6)	(6.6)	(7.7)	(6.8)	(6.8)
Exceptional items	2.9	5.8	5.4	4.2	2.5	2.5	4.2	4.4	5.1
Net finance cost	(0.10)	(0.08)	(0.10)	(0.12)	(0.08)	(0.12)	(0.06)	(0.10)	(0.07)
Profit before tax	(7.1)	(3.8)	(5.5)	(6.1)	(7.9)	(6.2)	(3.8)	(7.4)	(6.4)
Adjusted profit before tax	0.89	0.41	0.47	0.74	0.86	0.80	0.52	0.41	0.42	—
Tax charge	(0.86)	(0.67)	(0.56)	(0.59)	(0.65)	(1.1)	(0.60)	(0.54)	(1.2)
Profit for the year	(6.8)	(4.5)	(3.2)	(5.3)	(4.2)	(6.8)	(5.0)	(3.9)	(3.2)
EBITDA	5.6	5.4	4.5	4.8	3.7	2.8	4.8	3.1	2.4
Adjusted minus statutory PBT	11.7	9.3	5.5	4.9	7.0	10.1	10.1	9.9	11.4	—
Basic EPS	(23.23p)	(21.30p)	(25.09p)	(28.45p)	(20.05p)	(18.15p)	(15.98p)	(13.53p)	(21.78p)
Diluted EPS	(11.26p)	(21.13p)	(21.98p)	(28.84p)	(20.69p)	(28.88p)	(26.58p)	(27.60p)	(22.47p)
Adjusted EPS	2.92p	3.80p	3.48p	2.68p	2.63p	1.94p	3.86p	3.32p	4.03p
Dividend per share	0.00p	0.00p	0.00p	0.00p	0.00p	0.00p	0.00p	0.00p	0.00p

GBP millions, negatives in brackets. Per-share lines in pence. 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.

2 figures

3 years, at a glance

GBP · %

Dashed: Operating margin, in % on its own scale — read its shape, not its height against the bars.

FY2026Revenue£42.3mOperating margin−1.0%