Pebble Beach Systems Group, the global software provider of automation solutions for the broadcast and streaming markets, expects first-half revenue to rise 10% to approximately £6.5m for the six months to 30 June, up from £5.9m a year earlier.
Project revenue, which includes software licences and professional services, climbed 19% to around £3.1m, reflecting favourable timing of licence deliveries in the period.
Recurring revenue from support and maintenance contracts grew 6% to approximately £3.4m, up from £3.3m in the first half of 2025.
Adjusted EBITDA is expected to reach approximately £2.4m, up from £2m, with margins improving to around 37% from 34%, driven by a higher proportion of high-margin software licence sales in the mix.
The board expects licence revenue to make up a smaller share of total revenue in the second half.
Net debt fell sharply to approximately £0.8m at 30 June, from £3.3m a year earlier, as strong operating cash flow supported further bank debt repayment.
Pebble remains on track to move into net cash by the end of 2026.
"The Board remains confident in the outlook for the year," the company said, citing a solid order book and growing recurring revenue base.
Half-year results are due in early September, alongside an update on current trading and prospects.
