Netcall (NET) Trading update summary

Financial performance and growth

• Revenue for H1 FY26 expected to rise 15% to £26.5m, with 11% organic growth and initial Jadu contribution.

• Adjusted EBITDA anticipated to grow 12% to £6.4m, reflecting a shift to Cloud and completed investment.

• Group cash at 31 December 2025 was £14.8m after £12.7m in acquisition-related payments; remains debt-free.

Cloud and AI momentum

• Cloud services drive significant organic growth, with strong demand for automation and AI.

• Cloud Annual Contract Value (ACV) increased 42% to £42.6m, with total ACV reaching £50.5m.

• Uptake of Liberty modules and AI products increased among new and existing customers, boosting deal size and bookings.

Strategic initiatives and outlook

• Jadu integration progressing well, expanding presence in local government and US partner network.

• Acquisition strengthens Liberty platform with digital experience and AI capabilities, supporting cross-sell and recurring revenue.

• Board remains confident in continued progress for FY26, citing innovation and scalable platform.