ProCook Group PLC reports strong Q4 and full-year FY26 results, significantly outperforming the UK kitchenware market. Revenue grew 19.2% in Q4 to £18.5m and 23.0% for the full year to £85.5m, driven by both retail and ecommerce channels. Like-for-like revenue increased 9.9% in Q4 and 11.8% for the year. The company opened 13 new stores, expanded its digital content library, and increased its Revolving Credit Facility to £15m. EBITDA is expected to be slightly ahead of market expectations, while operating profit and PBT are in line. ProCook ended the year with a net cash position of £4.4m and £20.4m in available liquidity. The company remains focused on growth, aiming for 100 stores, £100m revenue, and a 10% operating profit margin.
| Metric | FY25 | FY26 | YoY Change |
|---|---|---|---|
| Revenue (£m) | 69.5 | 85.5 | +23.0% |
| Ecommerce Revenue (£m) | 25.5 | 31.3 | +22.9% |
| Retail Revenue (£m) | 44.0 | 54.2 | +23.1% |
| LFL Revenue (£m) | 62.9 | 71.1 | +11.8% |
| Ecommerce LFL Revenue (£m) | 25.0 | 30.4 | +21.2% |
| Retail LFL Revenue (£m) | 37.9 | 40.7 | +5.7% |
| Net Cash Position (£m) | 1.0 | 4.4 | +340.0% |
| Available Liquidity (£m) | 10.0 | 20.4 | +104.0% |