Ten Lifestyle Group (LSE:TENG), an operator of digital travel concierge services, posted net revenue of £33.7m for H1 2026, up from £31.8m a year earlier and up 9% at constant currency to £34.6m. Adjusted EBITDA rose £1m to £7m (H1 2025: £6m), lifting the adjusted EBITDA margin to 20.7% (H1 2025: 18.9%). Active Members increased 23% to 436k.
Corporate revenue was £29.2m (up 4% year‑on‑year) and supplier revenue £4.5m (up 18%). The group finished the period with net cash of £9.3m, having repaid the remaining £0.8m of loan notes, and holds a £5m revolving credit facility available for short‑term working capital.
Ten continued to invest in its digital roadmap, spending £6.3m (of which £3.4m was capitalised) and rolling out products including the Ten Digital Platform and the initial deployment of Talia, its AI member assistant. The group converted further digital contracts in H2‑bound bookings across Europe, the Americas and Japan; the board says these wins underpin confidence that FY 2027 revenue and adjusted EBITDA will be ahead of current market forecasts.
"We are pleased to report continued profitable growth and record numbers of affluent people using our service," Alex Cheatle, Chief Executive Officer, said.
