Silverbullet Data Services Group PLC (LSE:SBDS) saw its shares rise 10.5%, to 21p, after revealing its first period of positive EBITDA in the first quarter of its new financial year.
It also posted a 22% rise in revenue and improved margins, pushing the AIM-listed marketing technology group ahead of internal expectations.
Revenue in Q1 2026 came in 22% above the same period last year and 9% ahead of budget, with the company pointing to stronger performance across key accounts, higher renewal rates and a sharper operational focus following restructuring and strategy changes made at the end of 2025.
The group said the quarter marked its first reporting period of profitable trading, with EBITDA improving by £700,000 from a year earlier.
Management expects the positive EBITDA trend to continue and said the business should turn cash flow positive from the end of the second quarter onwards.