Triad Group plc has delivered on its promises, achieving a much-improved financial performance in the first half of FY25. Results for the six months ended 30 September 2024 reveal revenue was up 60% to £10.21m (H1 2024: £6.39m), gross profit was £2.97m (H1 2024: £0.95m), resulting in a gross profit margin of 29.1% (H1 2024: 14.9%). Profit before tax was £0.75m compared to a loss of £0.99m in the same period last year, and cash reserves increased to £2.88m (H1 2024: £2.62m).
Dale Peters is a Research Director at TechMarketView, specializing in public sector technology, business strategy, organizational creativity and innovation, and geology. With a background in volunteer work with @severnrescue and a passion for technology, Dale brings a unique perspective to his articles, covering topics such as government contracts, digital healthcare, and the intersection of technology and public services.