Trading Update

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.

21 January 2026

Journeo plc

("Journeo", the "Company" or the "Group")

Trading Update

Journeo plc (AIM: JNEO), a leading provider of intelligent systems for transport networks and critical national infrastructure, is pleased to provide an update on trading for the year ending 31 December 2025 ("FY25").

The Group expects to report revenues for FY25 of £55m (2024: £50m), with adjusted profit before tax slightly ahead of market expectations* at £5.7m (2024: £5.0m).

The Group has continued to see strong momentum and the recently acquired Crime and Fire Defence Systems ("CFDS") business has performed well since joining the Group in September 2025.

Cash balances at the year-end were £12.0m (2024: £14.3m) following payment of £10.7m cash consideration for the acquisition of CFDS. The Company's invoice discounting facility of £2.75m was unutilised at the year end.

Further details will be provided in the Group's FY2025 Annual Report. The figures in this announcement remain subject to audit.

*FY25 market expectations were revenue of £56m and adjusted profit before tax of £5.6m

Russ Singleton, Chief Executive, commented:

"We delivered another strong Group performance in FY25. The acquisition of CFDS has expanded the Group's activities further into critical national infrastructure, strengthening our delivery of resilient, mission-critical solutions. Our strategy of close collaboration with customers continues to drive growth through the development of class-leading products, software and services. We enter 2026 with confidence in delivering on another year of significant growth".

A digital copy of this announcement will be available on the Group's website: www.journeo.com.

For further information, please contact:

Notes to editors:

Journeo plc is a leading Intelligent Systems provider, delivering sustainable solutions in towns, cities, airports, and the public transport networks that connect them while safeguarding critical infrastructure and high-security environments with advanced access control, intrusion detection, and surveillance technologies.

The Group has six operating companies:

· Journeo Fleet Systems: CCTV video surveillance to improve passenger & driver safety, telematics for vehicle and driver performance monitoring, real-time communications for remote condition monitoring and automatic passenger counting.

· Journeo Passenger Systems: design, manufacture, installation, and management of hardware and software for electronic public transport information systems, in and around towns, cities, ferry terminals and airports which includes smart-ticketing and wayfinding.

· Infotec: design, advanced manufacture, installation and software management of information displays hardware for rail applications in stations, on-platform and on-vehicle.

· Crime and Fire Defence Systems: specialise in protection of Critical National Infrastructure sites including utilities, defence and high security industrial and commercial applications.

· Journeo AS (based in Aarhus, Denmark): full-service provider of Intelligent Transport Systems ("ITS") with customers in Denmark, Sweden and Iceland.

· Journeo AB (based in Stockholm, Sweden): technical services provider to public transport customers in Sweden.

In the last 4 years, the Company has invested over £6 million in research and development, enabling it to design and supply powerful innovative solutions for customers' complex requirements and the demands of modern public transport. With an Internet of Things ("IoT") approach and open standards, together with field-proven and reliable engineering, Journeo is able to offer flexible, scalable products and services that can integrate with existing technology while preparing for future advancements.