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Microlise Group (SAAS) investor relations material
Microlise Group H2 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 16% year-on-year underlying recurring revenue growth from direct customers, with total group revenue up 3.7% to £84.0m for FY2025 compared to FY2024.
Annual recurring revenue (ARR) increased 4.6% to £59.1m, and recurring revenue rose 7.5% to £58.8m, while non-recurring revenues declined 4.3% to £25.2m.
417 new customers were added in FY2025, with churn remaining low at 1.4%.
Completed £5m of annualised cost savings and appointed a new CTO to drive technology strategy.
Financial highlights
Total group revenue for FY2025 expected at £84.0m, up from £81.0m in FY2024.
Adjusted EBITDA expected at £8.3m, with a margin of approximately 10% (down from 14% in FY2024).
Net cash at year-end was £16.7m, up from £11.4m, aided by strong cash collection and a large contract renewal.
Outlook and guidance
FY2026 revenues from Global OEM customers are expected to be below FY2025 levels.
Entering FY2026 with a streamlined cost base, scalable platform, and growing recurring revenue base.
Ongoing investments in go-to-market teams and data centre migration will impact H1 FY2026.
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