The Pebble Group disclosed its first-half 2026 financial performance on September 8, emphasizing a significant extension in revenue visibility for its Facilisgroup division—now spanning 22 months—following a July 2026 pricing overhaul. The company’s total revenue for H1 2026 rose 3.6% year-over-year to £60.7 million, with adjusted EBITDA climbing 6.5% to £6.6 million. Capital returns to shareholders totaled £10 million through dividends and share buybacks, up from £11.7 million in full-year 2025. Gross margins declined modestly to 44.6%, reflecting operational pressures amid a £50 billion global promotional products market, of which North America accounts for roughly $25 billion.
Facilisgroup, its North American-focused technology platform, saw revenue visibility jump from four to 22 months, driven by a new pricing model. Revenue grew 7% in local currency, with annual recurring revenue (ARR) rising 12% as of July 2026. Partner retention improved to 98% from 97% in the prior year, while Net Promoter Scores climbed to 58 from 48. The division’s Syncore platform processed £1.6 billion in gross merchandise annually, capturing about 6% of the North American market. Customer acquisition costs rose to an estimated £3 million in fiscal 2026 from £1 million in 2025, though lifetime value to cost ratio remained strong at 7:1.
Brand Addition, its branded merchandise agency, reported £51.8 million in revenue for H1 2026, a 4% increase. Adjusted EBITDA improved to £4.2 million, with gross margins rising to 35.1% from 33.6%. Top 30 client retention stood at 94%, down from 100% in the prior year, though the division secured four new clients in H1 2026 compared to seven in the same period last year. Sales outside the UK, Europe, and the US accounted for 41% of revenue. Full-year 2026 guidance remained at £109.6 million, slightly above the £107.5 million recorded in fiscal 2025. Invoiced orders totaled £85.6 million, up 5% year-over-year.
The company’s balance sheet showed total assets of £117.1 million and net assets of £76.8 million as of the half-year end. People and overhead costs totaled £19.1 million, while depreciation and amortization charges rose to £4.2 million. Share-based payment charges amounted to £1 million. Cash and cash equivalents stood at £3.9 million, down from £7.9 million distributed in capital returns during H1 2026. Dividends increased to £3 million (2.00 pence per share), an 8% year-over-year rise, with £4.9 million spent on share buybacks.
ESG performance remained strong: Pebble achieved a Gold rating from Ecovadis (score 83) and a B-level Climate Change Leadership Score from CDP. Its LSEG ESG Score stood at 76%, ranking in the 93rd percentile. The company’s leadership highlighted growing demand for personalized, physical experiences amid AI-driven digital noise, positioning promotional products as a key differentiator for organizations.
