PCI-PAL (PCIP) H2 2026 TU earnings summary

Executive summary

• Achieved strong growth ahead of market forecasts for FY26, driven by robust new business momentum and expanding partner ecosystem.

• Strategic investments in partner go-to-market, marketing, and product development accelerated sustainable organic growth.

• Significant traction in the US market, with increased enterprise wins and a strengthened sales pipeline.

Financial highlights

• Annual Recurring Revenue (ARR) rose 27% organically to £24.4m, or 29% on a constant currency basis, year-over-year.

• Contracted ARR (CARR) increased 24% to £27.5m, or 26% on a constant currency basis.

• Gross Revenue Retention improved to 96% from 95% year-over-year.

• Revenue estimated at £24.6m, up 9% year-over-year, or 14% on a constant currency and comparable basis.

• Adjusted EBITDA expected at approximately £1.1m, ahead of consensus, but down from £2.3m in FY25 due to increased investment.

• Year-end cash position at £4.0m, up from £3.8m, with no debt.

Outlook and guidance

• Entering FY27 with strong momentum, expanding partner ecosystem, and increasing enterprise demand, especially in the US.

• High revenue visibility into FY27 supported by strong CARR and robust sales pipeline.

• Continued confidence in future prospects based on customer retention and market demand.