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AIM-listed ‘Decision Intelligence’ software provider ActiveOps, reported an impressive performance for FY25 with double-digit revenue growth and good cash generation in this morning’s FY results trading update, positioning the company well for future expansion.
The company achieved 13% revenue growth (15% in constant currency) to approximately £30.4m, driven by upselling of its latest Decision Intelligence software iterations and several major new customer implementations. SaaS revenues increased by around 13%, accelerating from 8% in the previous year, with healthy net revenue retention at 106%. Despite maintaining adjusted EBITDA at approximately £2.4m, cash reserves increased to £20.6m from £17.6m, with no debt, providing resources for continued investment.
Noteworthy is the company's significant improvement in new business acquisition, securing nine new customers versus just three in FY24, with two additional wins post year-end. These new clients span banking, BPO, and healthcare sectors, most of which were already live by year-end.
ActiveOps also continues to demonstrate product innovation with January’s launch of ControliQ Series 4, which integrates AI to automate previously unstructured management activities. The company also released a cloud version of WorkiQ, expanding its delivery options.
Investments in sales capability included six enterprise sales hires and the appointment of Paul Maguire as Group Managing Director, which looks like it’s already paying early dividends given the improved win rate. Management points to an encouraging start to FY26 and a strong implementation pipeline, with ActiveOps appearing well-positioned to capitalise on growing enterprise demand for operational transformation solutions.
FY25 results are out in full in early July when we will report more.
Posted by: Marc Hardwick at 08:54
Tags:
software
operations
trading update