NCC, Manchester cyber firm, ups profit amid sale talks

Manchester-based global cyber security firm NCC Group plc said its revenue on a constant currency basis (excluding non-core disposals) fell 2.6% to £293.9 million for the year ended September 30, 2025.

Profit before taxation grew to £20.6 million from a loss of £17.8 million in the prior year.

NCC confirmed it is still investigating several options for its Escode business, including a potential sale.

“If a transaction were to be successfully concluded, it would enable the group to consider a significant return of capital to shareholders over and above the recently announced share buy-back programme,” said NCC.

“The Board will provide updates as and when appropriate.”

NCC also confirmed the process to review all options for its Cyber Security business also continues and “is independent from both the process and outcome of the Escode review.”

Total dividend for the year will be 6.15p.

NCC Group CEO Mike Maddison said: FY25 has been a year of disciplined execution and strategic progress. We have significantly simplified the Group, eliminated net debt and strengthened our balance sheet through the successful sale of Fox-IT Crypto. These actions give us the flexibility to invest in growth, focused on our core capabilities.

“Our Cyber Security business continues to evolve towards higher-value, recurring revenue streams, supported by global delivery and strategic partnerships. Our expanding Manila hub and the application of technology are enabling us to scale our operations, deliver growth and serve clients more efficiently across our business.

“Escode continues to deliver consistent growth and profitability, and as announced, we are reviewing strategic options for the business, including a potential sale. If a sale is concluded, this would allow NCC Group to become solely a pure-play Cyber Security service company and consider a significant return of capital to shareholders.

“While the macro environment remains challenging, demand for cyber security, resilience and regulatory assurance continues to grow. We are confident in our strategy to deliver sustainable growth and long-term success.”