MHA, the professional services firm, has got off to a strong start as a listed company with revenue rising 13% to approximately £121.3 million for the six months ending 30 September 2025.
The AIM-listed provider of audit, tax, and advisory services said revenue increased from £107.2 million in the same period last year, driven partly by recent acquisitions.
MHA listed on AIM in April this year.
Around 3% of the growth came from the acquisition of Baker Tilly South-East Europe Holdings Limited in August 2025, whilst 1.5% was attributable to a full period of income from Baker Tilly Ireland, acquired in July 2024.
The company said it remains on track to deliver full-year performance in line with market expectations of £249.5 million in revenue and underlying adjusted EBITDA of £44 million.
Operating margins and cash generation in the first half were consistent with board expectations.
“The Group experienced strong growth across all service lines in H1 26, reflecting the strength of our platform and the success of both organic and acquisitive expansion. Our core sectors performed well, most notably financial services, manufacturing, professional services and engineering and technology, each of which recorded significant double-digit revenue growth compared with H1 25,” said Rakesh Shaunak, Chief Executive Officer of MHA.
“The Group is well-placed to build on the momentum established in recent years, scaling further and driving innovation while maintaining high client standards. Supported by long-term structural growth drivers that underpin demand for our services and a compelling client proposition, the Board remains confident in the outlook for continued organic and acquisitive growth, in line with its medium-term goal of exceeding £500 million in annual revenues.”