Newmark Security (LSE:NWT) shares were boosted by around 11% on Thursday, to 114.4p, after the company issued a full-year trading update. The update said FY26 revenue is expected to be at least £26m, up more than 13% from £23m in FY25.
HCM revenue rose 27% to £19.5m, HCM North America revenue increased 43% to £14.1m, and HCM operating profit grew by more than 30% year‑on‑year.
HCM annualised recurring revenue increased 8% to £3.9m at April 2026, and on an underlying basis excluding a phased‑out Mexican customer ARR grew 26% year‑on‑year.
Monthly subscriptions for GT Connect and other GT Services climbed 137% to 97,000; the Group launched the GT Tablet, added three Tier‑1 North American partners and reports growing D2E pipeline and RFP activity.
Safetell suffered losses in H2 after £1.2m of installations slipped into FY27, prompting an accelerated strategic review and exclusive negotiations to sell the business that are not expected to generate net cash proceeds on completion.
Group net debt excluding leases rose to £4.8m from £2.1m a year earlier due to inventory investment, timing of Q4 sales and Safetell funding, with additional finance comprising a £1m HSBC trade credit facility and a $1m increase to the US revolving facility.
The Group completed SOC 1 Type 2 and SOC 2 Type 2 certifications and appointed David Marks and Jonathan Kempster as independent non‑executive directors.
"HCM represents the future of the Group and, having undertaken a strategic review of Safetell during FY26, the Board has concluded that a disposal of Safetell is the best option," said Marie‑Claire Dwek, Chief Executive Officer.
The Board says it has invested in people and systems to support HCM growth, is holding good levels of microchips and components, and expects FY27 to benefit from the strengthened sales pipeline.
