Black Pearl Group (BPG) AGM 2026 summary

Opening remarks and agenda

• Meeting opened with confirmation of quorum and notice sent to shareholders; virtual participation and voting enabled.

• Board and executive team introduced, including CEO, interim CFO, CTO, CMO, audit partner, legal advisor, and client partnership manager.

• Agenda included chairman's address, CEO update, formal business (resolutions), general business, and Q&A session with shareholders.

Financial performance review

• Achieved 114% annual recurring revenue (ARR) growth in FY 2026.

• Annual recurring revenue (ARR) reached $27.2m, a 95% year-over-year increase as of June 30, 2026.

• EBITDAF loss narrowed from ($4.5m) in Q1 FY27 to a guidance range of ($1.0m) to ($1.5m) by Q3, driven by cost savings and operational efficiencies.

• Data as a Service grew from zero to 40% of revenue; Platform as a Service entered beta ahead of schedule.

• Permanent cost savings resulted from B2B Rocket integration and streamlined marketing.

Board and executive committee updates

• Hugo Fisher stood for re-election, highlighting 30 years of global financial and capital markets experience.

• Board unanimously supported Hugo Fisher's re-election as independent director.

• The board features global leadership with expertise in finance and the US market, including members from the US and New Zealand.