Accesso Technology Group PLC (LSE:ACSO, OTC:LOQPF, FRA:LQG) shares strengthened in Thursday's trading after the ticketing and attractions services firm told investors it expects revenue for 2025 to be slightly ahead of market expectations, at approximately $155 million.
Cash earnings (EBITDA) margins are forecast to approach 15%, with earnings in line with the prior year.
It added that at the end of the year, net cash stood at $30 million.
Accesso noted it has completed a share repurchase programme representing around 7% of issued share capital. It now plans a tender offer to repurchase up to £14.5 million of shares at a price of £3.00 per share.
One major customer has confirmed it will not renew its agreement beyond 31 January 2026. A second key customer is close to concluding updated commercial terms.
“Despite recent changes to services provided to certain key customers and a more challenging revenue environment through 2025, the Group entered 2026 with strong commercial momentum. This was the result of increased strategic focus and improved execution during the prior year, without which, the revenue impact in 2026 would have been more pronounced,” the company said.