The Pebble Group reported first-half 2026 revenue of £60.7 million, up 4%, with growth across both Facilisgroup and Brand Addition supporting confidence in its full-year outlook.
Adjusted EBITDA increased 6% to £6.6 million, while adjusted basic EPS increased 3% to 1.25 pence. Statutory operating profit declined 50% to £1.4 million, largely reflecting increased non-cash amortization charges related to prior technology investments and share-based compensation.
The group returned £7.9 million to shareholders during the first half, compared with £5.2 million a year earlier.
Following the period end, The Pebble Group completed an expanded £7 million share buyback program. Including a £3 million dividend paid during 2026, total shareholder returns reached £10 million through the end of July.
Facilisgroup, which provides technology and services to promotional products distributors, increased U.S.-dollar revenue by 7%. Forward-looking ARR from technology subscription fees increased 12%, while gross merchandise value increased 8%.
New multi-year agreements implemented July 1 extended technology subscription revenue visibility to approximately two years. The business added 16 partners year to date, with the ARR represented by those wins more than 50% higher than the comparable 2025 cohort.
Facilisgroup entered the second half targeting double-digit revenue growth.
Brand Addition, which provides branded merchandise services to major companies, increased first-half revenue 4% to £51.8 million and adjusted EBITDA to £4.2 million from £3.8 million. Orders received for fiscal 2026 were running 5% ahead of the comparable prior-year level as of September 7.
The Pebble Group continues to expect full-year 2026 results in line with market expectations, while its board is reviewing strategic opportunities spanning organic and inorganic investments, capital returns and the group’s structure.
KEY QUOTE:
“We are beginning to see the benefits of our recent investment decisions. The Group has delivered a strong first half performance with revenue growth across both of our businesses.
“At Facilisgroup, we have materially strengthened our recurring revenue profile through entry into multi-year contracts and Brand Addition has delivered profitable growth supporting significant shareholder returns.
“Backed by a robust balance sheet, we remain focused on executing our strategy and are confident in our ability to deliver shareholder value.”
Chris Lee, Chief Executive Officer of The Pebble Group
