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HBX GROUP ANNOUNCES HALF YEAR 2026 FINANCIAL RESULTS

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LONDON, May 13, 2026 /PRNewswire/ — HBX Group International plc (HBX Group, the Company, the Group, HBX.SM) announces its Half Year 2026 results for the six months ended 31 March 2026.  

TTV up +17% to €3.8bn, and Revenue of €309m, up +1% YoY at constant currency, reflecting targeted commercial and strategic actions to prioritise growth and capture market share, partly offset by disruption from the Middle East conflictAdjusted EBITDA up +9% at constant currency to €163m, with margin of 53% expanding +4ppts in constant currency. Profit after tax was €28m (H1 25: €(227)m).Strong cash generation with 103% cash conversion and leverage at 1.7x Adjusted Net Debt / Adjusted EBITDA. S €100m share buyback programme and a 7.5 cents per share (c.€18m) interim dividend.Executing the strategic building blocks, including the acquisition of Bridgify announced today.FY26E guidance revised to reflect the impact of Middle East conflict and macroeconomic uncertainty. New FY26 guidance is for constant currency TTV growth +11% to +15%, Revenue growth -4% to +1% and Adjusted EBITDA growth -5% to -2%, and Operating Free Cash Flow conversion between 90% and 100%. Medium-term guidance is unchanged.

First half 2026 Financial Performance Summary1

6 months
ended 31
March 2026

6 months
ended 31
March 2025

Change
constant
currency2

Change 

Total Transaction Value (TTV) (€m)

3,770

3,370

+17 %

+12 %

Revenue (€m)

309

319

+1 %

-3 %

Adjusted EBITDA (€m)

163

159

+9 %

+3 %

Delivering profitable growth

Group TTV increased to €3.8bn in the first half, up +17% at constant currency. TTV contribution increased from shorter lead-time bookings, Third Party Supply and Online Travel Agents.

Revenue of €309m, increased +1% in constant currency. Take rate was 8.2%, down 1.3ppts year‑on‑year.

Adjusted EBITDA increased 9%, with margin +4ppts.

Net finance costs were €35m, 77% lower than the prior year. The tax charge was €16m. Adjusted Earnings were €83m, up +44% at constant currency.

Delivering commercial milestones in line with strategy

Commercial progress in H1 2026 reflected HBX Group’s strategy to expand its global travel ecosystem and drive profitability through AI-driven operational efficiency and commercial performance. Key developments included new distribution partnerships in Asia-Pacific, acquisitions such as Bridgify and PerfectStay to strengthen experiences and dynamic capabilities, and new platform and fintech initiatives.

HBX group also continued embedding AI across products and operations, including AI-powered solutions for Bedsonline and HotelTech, while scaling internal AI agents already delivering measurable savings and supporting more than 120 identified use cases, reinforcing the Group’s connected B2B travel ecosystem strategy.

Regional performance and trading dynamics

TTV grew in double-digits in all three regions, up +18% in the Americas and +16% in both MEAPAC and Europe, at constant currency.

In Europe, TTV growth was supported by strong intra‑regional and domestic travel. Asia Pacific up +18%, partly offset by slower growth in the Middle East and disruption on some Europe-Asia corridors. In the Americas, TTV was predominantly driven by domestic demand.

Middle East impact and near‑term outlook

Since late February, the escalation of the conflict in the Middle East has impacted travel demand across affected destinations and selected international corridors, resulting in increased volatility, shorter booking windows and reduced near‑term visibility. The impact of this on H1 Group TTV growth was approximately 1ppt.

HBX Group implemented dynamic pricing, inventory reallocation and active partner support. Demand outside affected corridors has been more resilient.

Cost discipline, cash generation and capital allocation

Underlying operating costs fell by 5%. Performance was supported by productivity initiatives, automation and AI.

On a last 12-month basis, Operating Free Cash Flow was €447m, with cash conversion of 103% over the last 12 months. Adjusted Net Debt at 31 March 2026 stood at €741m.

Outlook

The Group started FY26 with strong performance. Since late February, trading conditions have been adversely impacted by the escalation of the conflict in the Middle East and broader geopolitical uncertainty.

The Group has revised its FY26 guidance. Updated outlook reflects a -4ppt effect of the Middle East conflict on TTV growth. Assumes four months of disruption with gradual stabilisation.

For the complete press release and disclaimer applicable to this information, please visit www.investors.hbxgroup.com

1 See financial statements for definitions of specific financial terms and KPIs, including any Alternative Performance Measures (APMs)
2 Constant currency changes exclude the impact of foreign exchange rate fluctuations by translating current year results at the exchange rates used in the prior year.

Contact: 
Clara Truyols
clatruyols@hbxgroup.com 

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SOURCE HBX Group

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Great Hearts Arizona Class of 2026 Earns $53.8 Million in Merit Scholarships, Achieves Top Academic Results

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Graduates Post Exceptional College-Going Rates, Strong STEM Interest, and Standout National Scholar Honors Across Phoenix Metro Schools

PHOENIX, July 28, 2026 /PRNewswire/ — Great Hearts Arizona announced that its Class of 2026 achieved one of the strongest academic and scholarship years in the network’s history, earning $53,813,709 in merit-based scholarships and posting exceptional results across GPA, SAT, ACT, and national scholar recognitions.

The 2026 graduating class includes 562 seniors across 12 Great Hearts upper-class academies in the Phoenix metro area, including in Anthem, Buckeye, Chandler, Gilbert, Goodyear, Peoria, Phoenix, and Scottsdale. Students earned an average weighted GPA of 4.14, an average SAT score of 1260 (232 points above the national average), and an average ACT score of 23.7 (4.3 points above the national average).

Ninety-four percent of Great Hearts seniors will immediately attend college, 78% received merit-based scholarships, and 57% plan to pursue STEM degrees. The Class of 2026 also includes six National Merit finalists, 19 National Merit commended students, and 90 National Scholars, continuing the network’s long-standing tradition of producing nationally recognized scholars.

This year’s results reflect the strength of the network’s classical, liberal arts model, said Dan Scoggin, Great Hearts co-founder.

“Our students continue to demonstrate that a Great Hearts education prepares them not only for college, but for a life of purpose, leadership, and intellectual curiosity,” Scoggin said. “The scholarship offers they earned reflect years of hard work, strong character, and the support of dedicated teachers who believe in their potential. We are incredibly proud of the Class of 2026.”

Great Hearts Arizona operates public, tuition-free academies focused on classical education, character formation, and high academic standards. The network serves thousands of students across the state and remains one of Arizona’s highest-performing public-school systems.

About Great Hearts
Great Hearts is a nonprofit and the nation’s largest provider of classical PK–12 education, serving more than 30,000 students across 52 brick‑and‑mortar academies in Arizona, Texas, and Louisiana, along with a national online academy. Great Hearts’ classical curriculum emphasizes advanced academics, languages, arts, and character formation rooted in Truth, Goodness, and Beauty. Learn more at greatheartsamerica.org.

Contact: Hayley Ringle
Phone: 602-499-0352
Email:Hayley@evolveprandmarketing.com

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SOURCE Great Hearts Arizona

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Hyperscale Data Bitcoin Treasury Reaches 1,106 Bitcoin Worth Approximately $71.7 Million

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LAS VEGAS, July 28, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that, as of July 27, 2026, it held 1,106.0467 Bitcoin representing an aggregate value of approximately $71.7 million based on the Bitcoin closing price of $64,784 on July 27, 2026.

In aggregate, the Company’s wholly owned subsidiaries, Sentinum, Inc. (“Sentinum”) and Ault Capital Group, Inc. (“ACG”), held 1,106.0467 Bitcoin as of July 27, 2026. From July 20th through July 27, 2026, ACG purchased approximately 15.0000 Bitcoin in the open market. Based on the Bitcoin closing price of $64,784 on July 27, 2026, these collective holdings had an approximate market value of $71.7 million.

“Every Bitcoin we acquire further strengthens Hyperscale Data’s balance sheet and expands our financial flexibility,” stated Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. “A stronger and larger Bitcoin treasury gives us additional options to finance growth, pursue strategic opportunities, and create long-term value for our stockholders. We intend to continue building our Bitcoin position over time.”

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, ACG, is a hybrid private equity firm and operating company that acquires, finances, builds and actively manages businesses across financial services, digital assets, industrial services, hospitality, defense technologies and other sectors.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through Ault Lending, LLC, a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

 

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SOURCE Hyperscale Data Inc.

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FCM Travel secures landmark 10-year global partnership with Arcadis

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LONDON, July 28, 2026 /PRNewswire/ — FCM Travel has re-signed global design and consultancy organisation Arcadis to an industry-defining 10-year contract.

The agreement represents a significant long-term commitment in the travel management sector and solidifies a partnership built on shared innovation and trust.

The new agreement not only advances strategic planning and programme value but also consolidates Arcadis’s travel, FCM Meetings & Events, and FCM Consulting services under a single partnership.

This long-term alignment means less time lost to admin, more energy on strategic planning, proactive solutions, and future-ready service. Both teams can prioritise user experience, tech, and sustainable programme value, with FCM actively supporting Arcadis at every step.

By signing a 10-year partnership, Arcadis signals a deliberate move to safeguard its travellers, data, and investments. The trust placed in FCM highlights the security and consistency clients need now – credibility, proven worldwide capability, and futureproofing with proven innovation.

“Securing a 10-year partnership with a global leader like Arcadis validates our ‘alternative’ mindset in the corporate travel space,” said Melissa Elf, Global Managing Director, FCM Travel.

“Forward-thinking multi-national enterprises want a partner who will challenge the status quo and evolve with them. This level of commitment allows the implementation of a strategic, long-view innovation plan that isn’t possible within standard three-year cycles.”

Arcadis has been an FCM customer for three years and travels to over 25 countries worldwide. With the FCM Platform, Arcadis gains access to predictive analytics, global standardisation, and integrated meetings, events, and consulting.

Jo Lloyd, Global Head of Account Management for FCM Consulting, said the extension proved the value of the company’s approach. “Going from a three-year deal to a ten-year deal is thanks to the journey FCM is on and the belief we have in working with customers for dual progression.”

Ian Spearing, Arcadis Director of Travel, said the 10-year agreement was a testament to FCM’s reputation and credibility.

“Our long-term partnership with FCM is a strategic investment in collaborative innovation and service excellence. By working together, we’re able to deliver scalable, sustainable growth and streamline our operations to efficiently meet our clients’ evolving needs.

“This agreement ensures our teams have the right tools and support to deliver high-quality outcomes, enabling us to work more effectively with our clients and strengthen our supplier relationships.”

“In a service-led travel industry, it’s also about pushing boundaries and challenging the status quo, progressively building our travel function as a value driver for the business, not just a cost.”

ENDS

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