XP Factory: revenue grows, but weaker Boom trading weighs on annual profit

XP Factory published audited results for the period ended 29 March 2026 on 7 September 2026.

Financial performance

Underlying revenue rose 3% to £59.6m. However, pre-IFRS 16 adjusted EBITDA fell to £5.5m from £6.6m, and adjusted operating profit declined to £0.8m from £3.4m.

Net debt increased to £5.9m from £4.9m. The group signed a £20m revolving credit facility.

Underlying revenue excludes a presentation change that now records retrospective supplier rebates against cost of sales.

Different brand trends

Escape Hunt's UK like-for-like sales increased 4.6%. Boom Battle Bar's declined 8%, with labour and supplier inflation also pressuring margins.

Outlook

Management implemented £1m of headquarters cost reductions, with the full benefit expected in FY2027. December business-to-business bookings were 15% ahead on a like-for-like basis.

The board continues to expect the current year in line with market expectations, while stressing Christmas's importance. Advance bookings provide an indicator, not completed sales. Cash generation and the recovery in Boom trading remain key tests.

Source: Company announcement, 7 September 2026.