Elixirr International (ELIX) H2 2025 TU earnings summary

Executive summary

• FY 25 revenue expected to meet or exceed £149 million, reflecting strong momentum and record cross-sell revenue.

• Adjusted EBITDA margin anticipated at 28.1%–29.2%, supported by operating leverage and disciplined cost control.

• Number of 'gold clients' (over £1m annual revenue) increased to 34 from 27 year-over-year.

• Consistent delivery against the Rule of 40 and Rule of 50, supporting ambitions to enter the FTSE 250 within 12 months.

• Entered FY 26 with a record amount of contracted revenue.

Financial highlights

• FY 25 revenue expected to meet or exceed £149 million, in line with or above market expectations.

• Adjusted EBITDA margin projected at 28.1%–29.2%.

• Year-end net debt at £24.1 million, approximately £7 million better than market expectations.

• Interim dividend of 7.6p per share declared, up 21% from FY 24, totaling approximately £3.8 million.

Outlook and guidance

• Board aims for FTSE 250 entry within the next 12 months, citing consistent high performance.

• Active acquisition pipeline with continued focus on value-accretive deals and disciplined capital allocation.

• FY 26 started with record contracted revenue.