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Microlise Group (SAAS) investor relations material
Microlise Group H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
FY 2025 saw strong cash flow and 16% growth in direct customer recurring revenue, offset by lower OEM revenues.
GBP 5 million in annualized cost savings achieved via restructuring in December 2025, positioning for future investments and margin expansion.
Onboarded a new CTO and accelerated AI deployment for operational efficiency and product enhancement.
Financial highlights
Adjusted revenue up 4% year-on-year to GBP 84 million; recurring revenue up 8% to GBP 58.8 million.
Direct customer revenue grew 16%, with net revenue retention at 108% and churn just over 1%.
Operating cash flow reached GBP 13.3 million, ending with GBP 16.7 million in cash.
Non-recurring revenues contracted due to lower OEM volumes and project delays, expected to recover in 2026.
ARR increased from GBP 56.6 million to GBP 59.2 million, driven by direct customer growth.
Outlook and guidance
OEM revenues expected to remain subdued through 2027, with recovery anticipated in late 2027 or early 2028.
Double-digit direct customer revenue growth projected for 2026 and 2027.
Investments in TMS product, mid-market expansion, and international growth to drive future performance.
Margin expansion expected from revenue mix shift and operational efficiencies.
- Recurring revenue up 16% from direct customers, with £5m cost savings and strong cash growth.SAAS
H2 2025 TU29 Jan 2026 - Recurring revenue up 21.5% and margin gains drive 15.4% revenue growth and strong outlook.SAAS
H1 202420 Jan 2026 - Double-digit revenue and EBITDA growth, strong recurring revenue, and robust outlook.SAAS
H2 202426 Dec 2025 - Double-digit revenue and EBITDA growth, strong cash, and low churn drive optimism.SAAS
H1 202525 Sep 2025 - Double-digit revenue and profit growth, strong cash, and robust customer retention drive results.SAAS
H1 202525 Sep 2025
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