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Highlights

  • SCT reported H1FY25 revenue up 16.8% YoY, while operating profit rose by 10.4% YoY.
  • SCT acquired Oakland Group for GBP 8 million, adding GBP 10 million in 2024 revenue.
  • SCT expects double-digit gross profit growth in FY25 and holds GBP 141 million in cash with no debt.

Softcat PLC (LSE: SCT) provides IT solutions and services, including reselling and infrastructure support, to corporate and public sector clients across the design, sourcing, implementation, and management of digital infrastructure.

In the first half of the financial year 2025 (H1FY25), the company’s revenue increased by 16.8% YoY to GBP 545.58 million, driven by double-digit growth across all major segments, particularly hardware by 18.9% and services by 17.6%. Operating profit surged by 10.4% YoY to GBP 73.66 million, supported by a 12% rise in gross profit and seamless operational execution. Profit for the period grew by 12.4% YoY to GBP 57.38 million, compared to GBP 51.04 million in H1FY24.

Business Update

Softcat PLC has acquired Leeds-based data and AI consultancy Oakland Group Services Ltd for GBP 8 million in cash, plus potential earn-outs, adding GBP 10 million in 2024 revenue. Oakland will operate as a standalone unit with its leadership joining Softcat, and the deal does not affect financial guidance.

Company Outlook

Softcat expects to maintain double-digit gross profit growth in FY25, driven by sustained demand in cybersecurity, data infrastructure, and AI-enabled services. Internal digital upgrades, including the rollout of Microsoft Copilot and Dynamics, are projected to enhance productivity, analytics, and customer engagement.

With GBP 141.0 million in cash and no debt, Softcat remains financially equipped to pursue organic growth, strategic investments, or acquisitions aligned with its technology roadmap, as stated by the company

Top 10 Shareholders

The top 10 shareholders collectively account for approximately 58.49% of the company’s total shareholding, with the largest individual stakes held by Kelly (Peter David John) at around 32.50% and Mawer Investment Management Ltd. at roughly 4.97%.

Stock Information

The stock has declined by approximately 9.60 % over the past  month and has risen by around 12.96 % over the past 6 months. Moreover, it is trading above the average of 52-week low of GBX 1,413.23 and the 52-week high of GBX 1,960 with a closing price of GBX 1,656.00 as of 14 July 2025.

Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels is 14 July 2025. The reference data in this report has been partly sourced from EODHD/Others.

Technical Indicators Defined

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.