IN BRIEF: ProService loss widens in "year of transition"
ProService Building Services Marketplace PLC - Manchester, England-based operator of a digital marketplace for customer and supplier acquisition, formerly known as HSS Hire - Reports revenue of GBP248.1 million for the year ended March 31, down from GBP362.8 million for the 15 months ended March 31, 2025. Pretax loss widens to GBP18.3 million from GBP481,000. Underlying loss before interest, tax, depreciation and amortisation is GBP427,000, swung from earnings of GBP12.5 million. ProService notes that the period was "a year of transition to a pure-play marketplace freed from the constraints of an asset-owning hire business via the disposal of The Hire Service Co...and the new commercial agreement with Speedy Hire". Revenue for the first four months of 2027 is up 20% on-year, "ahead of management expectations," and ProService reaffirms prior guidance of underlying Ebitda between GBP9 million and GBP12 million. Read More