The Accesso Technology Group (LON: ACSO) share price tumbled more than 25% on Friday morning after the company said full-year revenue is now expected to come in at the lower end of its guidance range.
The stock is currently trading around the 355p mark after initially hitting a low of 338p per share.
In a trading update covering the first half of 2025, the AIM-listed technology provider said softer-than-expected attendance across its customer base had limited transaction volumes, despite its own systems performing well.
Accesso earns much of its revenue from transactions handled via its platforms at leisure, entertainment, and cultural venues.
“With two-thirds of the critical summer trading period still ahead, we remain laser-focused on delivery,” the company stated.
Accesso maintained its guidance for a full-year cash EBITDA margin of around 15%, citing ongoing cost control and operational efficiency.
Separately, the company said it is in discussions with a major customer over renewing enterprise agreements set to expire at year-end.
One agreement will not be renewed, which is expected to reduce annual gross profit by approximately $6 million from 2026. However, Accesso said improved terms on the remaining agreements would partly offset the revenue loss.
The company also highlighted “notable improvement” in its sales pipeline and win rate, pointing to growing momentum for its Accesso Freedom platform and progress on a major Middle East contract.
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