Anthony Frot

What happened. Q2 2026 revenue through European distribution grew about 12% year on year, the first double-digit quarter since Q1 2021, driven by component price inflation; H1 2026 was up 9.9%. CONTEXT later raised its 2026 forecast to 7.5%. Growth stayed positive as he said, but at roughly 12% against 1% the number was far too low (band: right direction only). Sources: youtube.com, contextworld.com.

Source: CONTEXT executive update February 2026 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. In July 2026 Frot reported personal systems revenue up 11% in Q2 2026, driven by price rises from memory shortages while units fell. Growth stayed positive, but 6% against about 11% is more than 25% off (band: right direction only). Sources: youtube.com.

Source: CONTEXT Executive update October 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. Frot reported personal systems revenue up 14% in Q4 2025 (12% for the full year), with desktops +27% for 2025. 12% against 14% is within 25% of the actual but not within 10%. Sources: youtube.com.

Source: CONTEXT Executive update October 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. CONTEXT reported Q4 2025 European distribution revenue up 6.2% year on year, the strongest quarter of 2025 (December +9.1%); full-year 2025 finished at +5.2%. 5.6% against an actual 6.2% is within 10% of the outcome. Sources: itreseller.ch, youtube.com.

Source: CONTEXT Executive update October 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. CONTEXT reported European cybersecurity sales down 1.8% year on year in Q4 2025, after -3% in Q3, with the UK -15% and Germany -7%. He called a rebound to +6%; the quarter stayed negative at -1.8%. Sources: contextworld.com.

Source: CONTEXT Executive update October 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. CONTEXT's Oct 2025 estimate put 2025 mobile computing unit growth at ~9.5%; desktops were the standout of 2025 (revenue +27% FY, units ~+22% in early Q2, revenue +30% in Q3). CONTEXT itself revised desktop units to +11.8% and mobile to +6.2% in July 2025, still below outcome. No published FY unit totals found. Direction right (growth), but desktop units 5.1% vs roughly 20%+ is a large miss, and mobile 4.7% vs ~9.5% misses by ~5 pp. Exact FY unit actuals not public. Sources: youtube.com, youtube.com, itbrief.co.uk.

Paraphrased. Source: CONTEXT Forecast: European IT Distribution Market to Grow 3.6% in 2025

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. CONTEXT reported 2025 growth of 5.2% with Q4 2025 at 6.2%, above the full-year rate, which implies a stronger finish. In July 2025 MicroScope reported that H1 had been held back by tariffs, a weak US dollar and networking declines, with H2 lifted by Windows 10 end-of-life PC refresh. Networking (the 'infrastructure' part of the call) stayed weak in 2025. Q4 was the strongest quarter, but H2 overall was not clearly stronger than H1, and the infrastructure investment he cited did not come back; the PC refresh carried Q4. Sources: itreseller.ch, computerweekly.com, contextworld.com.

Source: CONTEXT Forecast: European IT Distribution Market to Grow 3.6% in 2025 · end of H2 2025

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. CONTEXT later reported that European IT distribution revenue grew 5.2% in 2025, its strongest annual rate since 2020, with Q4 2025 up 6.2%. He called the recovery and its direction correctly, but growth came in 1.6 points above the 3.6% forecast, so he underestimated its strength. Sources: contextworld.com, itreseller.ch, itreseller.ch.

Source: CONTEXT Forecast: European IT Distribution Market to Grow 3.6% in 2025

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. Frot reported personal systems revenue up 12% in 2025, with desktops +27% and notebooks around +10% on the Windows 10 refresh. The PC-led growth call was right in direction, but 7% against 12% is more than 25% off. Sources: youtube.com.

Source: CONTEXT Executive update March 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. Frot reported Poland finished 2025 just above +10%, boosted by a government education framework and a 16% Q4. Growth was positive, but 3% against roughly 10% is far off (band: right direction only). Sources: youtube.com.

Source: CONTEXT Executive update March 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. Frot reported Spain was the star of 2025, finishing at +15%, helped late in the year by corporate resellers after Kit Digital ended. Growth was positive, but 4% against 15% badly underestimated Spain (band: right direction only). Sources: youtube.com.

Source: CONTEXT Executive update March 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. Frot reported Germany finished 2025 at +3.3%, after -3% in 2024. He was right that Germany would return to growth, but 2% against 3.3% is more than 25% off. Sources: youtube.com.

Source: CONTEXT Executive update March 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.

What happened. Frot later reported Q1 2025 growth of 4.8% (Q2 4.9%, H1 just under 4.9%), saying CONTEXT had forecast below that. Growth was positive as forecast, but 2.5% against 4.8% is nearly half the actual (band: right direction only). Sources: youtube.com.

Paraphrased. Source: CONTEXT Executive update March 2025 (GTDC tv, YouTube)

Caveat. No independent evidence available. Scored on CONTEXT’s own figures.