accesso Technology H1 2026: Cash EBITDA Jumps 50% to $7.6 Million, Guidance Held at $146 Million

Earnings
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accesso Technology Group reported cash EBITDA of $7.6 million for the first half of 2026, up almost 50% period over period, on revenue that was flat at $67.8 million but up 7.1% excluding its virtual queuing product. Gross margin came in at 77.8% versus 78.3% in the prior period, underlying admin costs fell 6.1% after a cost reorganization, and headcount stood at approximately 617 at the end of June, down from 655 in December 2025 and 680 in December 2024. Virtual queuing revenue dropped 50% period over period because of two major contract changes, while ticketing revenue rose 8.3%, maintenance and support revenue rose 15.3%, recurring license fees rose 56%, and one-time licenses rose approximately 123% on Middle East venue go-lives. Net cash was $7.3 million at period end, comprising gross cash of $33.2 million and borrowings of $25.9 million, and adjusted net cash excluding pass-through was $0.5 million of net debt versus $20.3 million of net cash a year earlier. The company maintained full-year guidance at $146 million of revenue and approximately $20 million of EBITDA, and said it won 17 new venues in the half while canceling approximately 18.9% of shares in issue since April 2025.

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Accesso Technology Group PLC
ACSO
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H1 2026 cash EBITDA jumped ~50% to $7.6M with cost cuts and full-year guidance maintained at $146M revenue/$20M EBITDA.

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