Accesso Technology Group Issues Trading Update on Customer Contracts

Accesso Technology Group PLC (LSE: ACSO, OTC: LOQPF), a provider of attraction ticketing and virtual queuing solutions, has released a trading update detailing recent developments with key customer contracts. The company reaffirmed that it still expects to deliver full‑year results in line with market expectations and plans to publish a full year‑end trading update later in January. In the update, Accesso said that one major customer, previously expected to discontinue use of one of its software products at the end of 2025, has now agreed to extend the contract for an additional year starting 1 January 2026 under revised commercial terms. However, the company also disclosed that a separate major customer does not plan to renew its agreement for that same software product when the contract expires on 31 January 2026. Accesso noted that these two contract decisions are independent of each other. Despite these changes, Accesso said it expects the net impact on revenue to be offset at the cash EBITDA level through operational efficiency measures. The company added that it remains focused on supporting customers through ongoing macroeconomic challenges. #Accesso #CustomerContracts #TradingUpdate #TechNews #SlimScan #GrowthStocks #CANSLIM