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#RevenueUp #CashIncreased | **Summary: Ten Lifestyle Group PLC H1 2026 Trading Update**
Ten Lifestyle Group PLC, a global concierge technology platform, reported strong performance for the first half of 2026 (H1 2026), ending 28 February. Key highlights include:
- **Financial Growth**: Net Revenue increased by 6% year-on-year (YoY) to £33.7m (9% at constant currency), while Adjusted EBITDA rose by 16% YoY to £7.0m (28% at constant currency). Adjusted EBITDA margin improved to 20.7% from 18.9% in H1 2025.
- **Membership Growth**: Active Members grew by 23% YoY to 436,000, driven by higher engagement with the digital platform.
- **Cash Position**: Net cash increased to £9.3m, supported by a new £5.0m revolving credit facility with NatWest, replacing higher-cost loan notes.
- **Strategic Wins**: Launched the Ten Digital Platform with a leading UK bank and secured a digitally enabled concierge contract with a global technology company, expanding into a new customer segment. Additional contracts were won in Europe and AMEA, set to launch in H2 2026.
- **Technology Investment**: Continued investment in the digital platform to enhance customer experience, efficiency, scalability, and service quality.
- **Outlook**: The Group remains on track to meet full-year market expectations, with new contracts supporting growth into FY 2027.
CEO Alex Cheatle emphasized the Group’s strengthened market position and commitment to delivering "better than the internet" customer experiences, driving contract wins and operational improvements. Ten Lifestyle Group remains focused on its mission to become the most trusted service platform globally, underpinned by its B Corp certification and sustainable business practices. Read More@:
albertarthurs.com/%5Edigest/mast… 
