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accesso Technology Group PLC on Friday said revenue for 2025 is likely to come in at the lower end of guidance due to weaker-than-expected attendance at key venues during the first half of the year, though it maintained its full-year earnings margin forecast. Shares in accesso Technology dropped 22% to 369.92 pence in London on Friday morning. The Berkshire, England-based provider of software for the leisure, entertainment and cultural sectors said that while its own operational performance held up ‘well’, softer customer volumes reduced the transactions it relies on for revenue. accesso did not reiterate a specific revenue figure for 2025 in Friday‘s update. However, in its 2024 annual statement, the company had guided that revenue growth for 2025 was unlikely to exceed the effective 5.3% increase recorded in 2024, when revenue rose to $139.7 million from $132.6 million in 2023. ‘June, July and August are our most important trading months. With two-thirds of the critical summer period ahead of us, we remain laser-focused on delivery,’ the company said. accesso reiterated guidance for a full-year cash earnings before interest, tax, depreciation and amortisation margin of around 15%, citing continued cost control and efficiency. Separately, the company said a major client has decided not to renew one of its enterprise agreements, set to expire at year-end. The non-renewal is expected to reduce annual gross profit by around $6 million starting in 2026. However, other contracts with the same client have been renegotiated on improved terms, mitigating the financial hit. accesso added that recent sales momentum has been encouraging, pointing to a better commercial win rate and new signings, including 33 customers for its Freedom product and its first theme park win. Implementation is also underway for a major engagement in the Middle East, accesso said. The company said it will update guidance for 2026 once contract talks conclude and trading conditions become clearer. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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