PCI-PAL (PCIP) H1 2026 TU earnings summary

Executive summary

• Achieved record new business wins in H1 2025, driving strong momentum and growth.

• Highest level of demand for secure payments products, with a robust sales pipeline entering H2.

• Expanded both SMB and enterprise customer base, with notable growth in the US healthcare sector.

Financial highlights

• Annual Recurring Revenue (ARR) reached £20.3m, up 21% year-over-year (25% on constant currency).

• Committed ARR (CARR) rose to £24.0m, an 18% increase year-over-year (21% on constant currency).

• Revenue for H1 was £11.3m, a 7% year-over-year increase, or 14% on a normalised basis.

• Cash at period end was £2.6m, with no bank debt.

Outlook and guidance

• Entering H2 with strong momentum and confidence in meeting FY26 strategic objectives and Board expectations.

• Sales pipeline remains highly encouraging, supported by ongoing investment in partner ecosystem.