Slides
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Final Results FY26 Year ended 30th June 2026 22 September 2026
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FY26 performance overview Copyright and Confidential 2024 • Revenue up 20% • Aerospace building • Motorsport flat • Automotive EV demo unit • Robotics customer wins • Revenue flat overall • Tyre majors down 34% • Strong new business growth • New products launched • Post-period customer wins • Royalty rate 40% reduction • Volume growth 7% • Revenue down 34% • Post-period new installs up
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FY26 financial overview Copyright and Confidential 2024 Financial KPI’s FY26 £m FY25 £m Total revenue Gross margin Adjusted* EBITDA Adjusted* PBT Operating cash flow Closing cash balances (gross) £4.63m 88.1% £0.66m £0.02m £0.88m £1.50m £5.55m 89.9% £1.96m £1.53m £2.05m £1.14m * Adjusted to add back share-based payment charge
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SAWsense revenue analysis Copyright and Confidential 2025 0 100 200 300 400 500 600 Motorsport Aerospace eDrive Robotics SAWsense - revenue by sector (£000's) FY25 FY26 0 100 200 300 400 500 600 Production Components NRE Grant SAWsense - revenue by type (£000's) FY25 FY26 Robotics & Industrial Automation Revenue from NRE up 268% (from low base). New opportunities and healthy pipeline. Now proto- typing and in test with leading actuator providers and OEM's Aerospace & Defence Revenue up by 25% - component sales into GE Aerospace progressing well. NRE & grant work for Airbus also strong. Other funded customer programs subject to slow progress eDrive (automotive & leisure) Revenue from NRE & grant funded development projects up by 39%. Cummins Drive35 demo unit due January 2027. Active opportunities in fitness sector with shorter lead times to production Motorsport Revenue from production reduced by 7%. Higher volumes from new race series roll-out delayed until 2026/27 season
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SAWsense – Strategic progress towards 2030 Copyright and Confidential 2024 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 FY22 FY23 FY24 FY25 FY26 SAWsense – 5 yr revenue history (£m) Motorsport - low volume specials – built at Weston Revenue doubled since FY22 JCA with Motion Applied Scope for continued 2-5x growth in next 3 years from new race series Aerospace - low to mid- volume specials – built at Weston or Tier 1 Ever closer relationship with GE supporting T901 build Specified on HEAT, RISE – key platforms for GE future Building relationship with Airbus & others Scope to 5x revenue from NRE plus component supply E-Drive & Robotics – mid- to high volume built by OEM or Tier 1 Applications use cases proven for e-bikes, robotic joint actuation Engaged with market leading customers in both sectors Working towards production by FY28
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SAWsense - pilot AQP installation line Incoming shaft preparation AQP die bond RF Coupler assembly & installation Wire bond AQP to RF Coupler Auto- Calibration Rig Copyright and Confidential 2025 All key items of equipment installed, commissioned and in use New process station to simplify shaft cleaning using laser ablation on order Excellent results from die bonding station - accuracy, speed and repeatability radically improving downstream efficiency Capacity now available for £5-10m revenue from specialist low- to mid- volume production on pilot line Proof of processes demonstrate ability to replicate in high volume applications on fully automated line
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Translogik revenue analysis Copyright and Confidential 2025 0 100 200 300 400 500 600 700 Tyre major Fleet/FSP Software Distributor Subscription Other Translogik revenue by type (£000's) FY25 FY26 Global tyre majors down by 34%, driven largely by customer- specific commercial challenges. Underlying market fundamentals remain positive, with growth expected from Euro Digital Product Passport regulations & US tariff on low-cost imports. Post year-end, announced a major new agreement with Continental for global roll out Direct sales to service centres and fleet operators initially slow to take off, but first bundled subscription deal underway Channel partners in software resale & distribution deliver revenue growth of 20% New products launched – smart inflator and OTR variant – prototypes and demo units on test with customers Alignment with market leading TPMS providers offers complementary route to market in FY27
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Translogik - new product pipeline Copyright and Confidential 2025 • TLGi - Bluetooth connected, handheld digital tyre inflation tool • Connects into existing software platforms or new software solutions for remote control via tablet or smartphone and instant data capture • Fast and accurate tyre inflation data collection linking inflation events to vehicle, wheel position and tyre ID • Provides instant audit trail of tyre inflation events with useful traceable data • New product range upgrade in progress • Launch planned for FY27Q3 • Watch this space! • TLGX HP – higher pressure measurement capability up to 350 psi (24 bar) • Engineered for durability, accuracy & reliability • RFID & TPMS capability • Off road (OTR) version suitable for specialist commercial, off highway and aircraft tyre markets
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Translogik - strategic progress towards 2030 Copyright and Confidential 2025 0 0.2 0.4 0.6 0.8 1 1.2 1.4 FY22 FY23 FY24 FY25 FY26 Translogik – 5yr revenue (£000’s) FY22 FY23 FY24 FY25 FY26 Aim to be recognised as the industry standard range of smart tyre monitoring hardware Closely aligned with global top 5 commercial tyre manufacturers Collaborating with leading independent TPMS providers Increasing proportion of subscription business on SaaS/HaaS model for recurring revenue and customer retention Hardware of choice for software solutions providers, both large and small Seen as an integral part of the tyre management ecosystem Positioned to capture a substantial market share of a fast-growing sector
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FINANCIAL SUMMARY
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Income statement Income statement FY26 £m FY25 £m Total revenue Gross profit Gross margin Opex Adjusted* EBITDA Int, depr & amort Adjusted* PBT Reported PBT 4.63 4.08 88.1% (3.38) 0.66 (0.64) 0.02 (0.11) 5.55 4.99 89.9% (3.03) 1.96 (0.43) 1.53 1.41 * Adjusted to add back share-based payment charge
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Cash flow statement Cash flow statement FY26 £m FY25 £m (Loss)/profit before taxation Non-cash costs Working capital movements Cash generated from operations Investment activities Financing activities Net movement in cash Closing cash – gross Closing cash – net of asset financing (0.11) 0.77 0.22 0.88 (1.31) 0.79 0.36 1.50 0.57 1.41 0.55 0.09 2.05 (2.09) (0.10) (0.14) 1.14 1.14
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Financial position Financial position FY26 £m FY25 £m Tangible fixed assets Intangible fixed assets Deferred taxation asset Non-current assets Net working capital Cash & equivalents* Asset financing* Lease liabilities Net assets *Net cash after financing 1.75 2.67 1.48 5.90 0.98 1.50 (0.93) (0.31) 7.14 0.57 1.55 2.11 1.48 5.14 1.21 1.14 - (0.37) 7.12 1.14
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Bridgestone iTrack royalty income Over fivefold increase in installations since 2020 Unit rate reduced to 60% in FY26 and 40% in FY28, through to expiry at end FY30 Illustration assumes an average incremental increase in monthly truck numbers based on actual average in years 1 to 6 Royalties earned to date £12m – illustration suggests further £7.5m Copyright and Confidential 2024 £0 £500,000 £1,000,000 £1,500,000 £2,000,000 £2,500,000 £3,000,000 £3,500,000 FY21 FY22 FY23 FY24 FY25 FY26 FY27 FY28 FY29 FY30 iTrack Cumulative Royalties - Actual to FY26 and Illustrative FY27 - FY30 Actual Illustrative
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Current trading & outlook Growth Targets: Current trading: SAWsense: Translogik: Bridgestone iTrack: Strategy: Board continue to set ambitious targets – >25% uplift in FY27 In line with expectations, but some H2 weighting to meet for full year Good prospects in motorsport and aerospace for FY27 growth Funded projects underway in volume markets aiming for FY28 production Underlying “run rate” business uptick over prior year Post year-end customer wins prime for growth in H2 and beyond New products (launched and to be announced) enhance prospects FY27 at same unit rate as FY26, plus volume growth New business pipeline indicate return to higher growth rate in FY27 Well placed to absorb next unit rate reduction for FY28 Positioning SAWsense & Translogik to offer key enabling technologies in high growth market sectors in an AI adapted world
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Q & A Copyright and Confidential 2023 Join our community: investor.relations@transense.co.uk Website: https://www.transense.com YouTube: https://www.youtube.com/@transense
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