Sabien Technology Group (AIM:SNT) said it expects to report revenue of over £746,000 for the year ended 30 June, down from £846,015 the prior year, pending completion of its audit.
The AIM-listed company, which provides energy efficiency technology through its M2G intelligent boiler optimisation platform, said the shortfall reflected the timing of customer installation programmes, with several orders received in the second half carried forward into FY2027.
Customer orders for the year totalled over £908,000, against £948,053 in FY2025, which the company described as resilient demand despite a challenging capital expenditure environment.
Sabien enters FY2027 with confirmed customer orders of over £196,000, up from £59,453 at the start of FY2026, giving what it called materially improved revenue visibility.
The company also repaid one of the loans previously provided by Parris Group during the year, part of a wider effort to strengthen its balance sheet.
Discussions on potential strategic investment and commercial partnerships to accelerate the M2G platform's deployment remain ongoing, with no agreement reached and no certainty a transaction will proceed.
"The past year has been one of disciplined execution", said Richard Parris, Executive Chairman, adding that the company enters the new year "with a significantly stronger opening order book".
The board's priorities remain expanding commercial routes to market, completing the M2G platform's migration to its EVO architecture, and improving operational leverage and cash generation.
