PCI-PAL (PCIP) H2 2025 earnings summary

Executive summary

• Achieved strong FY 2025 performance with 25% revenue growth and robust ARR, driven by a leading cloud platform, partner ecosystem, and international reach.

• Focused on organic growth, high customer retention, and expanding relationships with key partners and strategic resellers.

• Launched new adjacent products, including an AI-powered fraud risk scoring solution, to drive further growth and increase NRR.

• Maintained a healthy business culture and operational resilience, with a focus on standardization and efficiency.

Financial highlights

• Revenue grew 25% year-over-year, with normalized top-line revenue growth at 17% after adjusting for a prior audit issue.

• Gross profit increased 26% to over GBP 20 million, with gross margin at 89.5%.

• Adjusted EBITDA reached GBP 2.3 million; pre-tax profit was GBP 800,000, marking the first full year of profit.

• Recurring revenue rose to 91% of total revenue, up from 89% the previous year.

• Cash position at GBP 3.9 million, with cash flow neutral expectations for FY 2026.

Outlook and guidance

• Targeting 18%-20% ARR growth for the next three years, aiming for GBP 30+ million in revenue within five years.

• Committed to maintaining high growth pace with a GBP 1.5 million investment in FY 2026, primarily in marketing and product development.

• Expecting further reduction in time-to-revenue and continued expansion of the partner ecosystem.