Getech Group (AIM:GTC) expects first-half revenue to rise 15% to £2.4 million, up from £2.1 million a year earlier, in an unaudited trading update covering the six months to 30 June.
The AIM-listed company, which specialises in locating subsurface resources for the oil and gas, mining and natural hydrogen sectors, said adjusted EBITDA improved to £0.2 million from a £0.1 million loss in the same period last year.
The turnaround followed a roughly 20% reduction in the cost base during 2025, alongside stronger sales under a reorganised sales team led by a new sales director.
The group's order book stood at £4.0 million at 30 June, up from £3.8 million at the last financial year-end, with £1.6 million expected to convert into revenue in the second half.
Cash at bank rose to £0.6 million from £0.2 million, while annual recurring revenue held steady at £2.8 million, reflecting strong customer retention across its subscription products.
Chief executive Chris Jepps said Getech's client list includes four of the world's six recognised oil and gas supermajors as subscribers to its Globe platform.
"With positive trading momentum and a healthy pipeline, we remain comfortably in line with market expectations for FY26", Jepps said.
The company pointed to increased exploration activity across its core markets, linking renewed demand for energy security to instability in the Middle East.
