Graphene stocks
Haydale plc (AIM: HAYD) issued a trading update on October 12, 2026, for the financial year ended September 30, 2026 (FY26), forecasting revenue below market expectations and prompting a 12% decrease in its share price to 0.25p.
Key financial and corporate highlights include:
- FY26 Outturn vs. Guidance: Full--year revenue is anticipated at approximately £5.0 million, below previous market expectations of £8.0 million. The adjusted EBITDA loss is projected at £2.69 million, compared to consensus expectations of £2.0 million, although year--end cash reserves closed ahead of expectations.
- Operational Bottlenecks & Restructuring: Revenue shortfalls were primarily attributed to internal delivery capacity constraints in servicing elevated commercial demand generated by its SaveMoneyCutCarbon (SMCC) platform.
- Delivery Model Joint Venture: To lower fixed operating overhead and scale installation capacity, Haydale signed binding heads of terms with Quidos Protect to transition SMCC into a national joint venture delivery model, with definitive legal agreements scheduled for execution before December 31, 2026.