Image Scan Holdings Doubles Revenue to £3.4m and Returns to Pre-Tax Profit

Image Scan Holdings reported revenue of about £3.4m for the year to 30 September, up from £1.6m, and said it expected a pre-tax profit of around £0.3m after a loss the year before. UK Investor Magazine reported the figures on November 4, 2026.

Image Scan's Revenue Jump and ClanTect Deal

Image Scan Holdings is a UK company whose 3DX-RAY subsidiary designs real-time X-ray imaging systems for security screening and industrial inspection, serving defence and commercial customers in more than 30 countries. The company credited newer products across its portable X-ray, industrial inspection and aftersales businesses, along with cost control, for the result. It said it had continued to win work from governments, defence and security contractors and industrial customers, evidenced by a June contract for 25 units of its ThreatScan portable X-ray systems.

During the year Image Scan acquired ClanTect, a maker of technology to detect people hidden in vehicles and containers, broadening its security offering. Image Scan described the deal as the start of a wider acquisition strategy aimed at boosting revenues and improving operational efficiencies. ClanTect, part of 3DX-RAY, was awarded a contract in September 2026 to supply six Human Presence Detection Systems for Eurasian border security, according to Security Systems News. The systems use vibration detection to screen vehicles non-intrusively and are already operational at sites including the UK Border Force and Frontex.

What Image Scan's Company Records Show

Company records show Image Scan's order book at £4.7m as of September 2025, according to akta.pro company records, after multiple defence and security contracts across India, Southeast Asia and Eastern Europe. The same records list unaudited revenue of approximately £1.6 million for FY25, against £2.9m in FY24, and an unaudited pre-tax loss of approximately £0.3 million, compared with a pre-tax profit of £0.2m the year before. Cash balances stood at £1.1 million at 30 September 2025, against £0.9m a year earlier. The company ended the year to 30 September 2026 with an order book and cash both of around £1.4m.

Image Scan's Path to the ClanTect Purchase

In August 2026, Image Scan acquired ClanTect Limited, a developer of proprietary human presence detection technology, in a deal valued at approximately £1 million, structured as a share purchase with initial consideration of £172,000 plus earn-out payments, NewsnReleases reported. The same month, Markets Daily reported that Image Scan shares rose above their 50-day moving average of GBX 2.25, reaching a high of GBX 2.70. In September 2026, Markets Daily reported that the shares hit a new 52-week high of GBX 3.80.

Image Scan's Outlook After the Results

Vince Deery, Chief Executive Officer of Image Scan, said: "These results are a strong endorsement of the product strategy we have pursued." Deery said the company had deliberately broadened and strengthened its portfolio, bringing new products to market that address clear customer needs and expand the opportunities available to its international partners. He said those products are now contributing materially to revenue and demonstrating the scale that can be achieved from the platform the company has built. Image Scan said it was confident of building on its progress.