REG - ActiveOps PLC - H1 2026 Trading Update and Notice of Results

ActiveopsAnnouncement

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RNS Number : 3742D  ActiveOps PLC  15 October 2025

THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE
INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO.
596/2014) WHICH IS PART OF UK LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL)
ACT 2018. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION
IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

15 October 2025

  ActiveOps plc

("ActiveOps", the "Company" or the "Group")

H1 2026 Trading Update and Notice of Results

Strong organic growth and continued customer expansion

ActiveOps plc (AIM: AOM), a leading provider of Decision Intelligence software
for service operations, today provides an update on trading for the six months
ended 30 September 2025 ("H1 2026").

The Board is pleased to report that the Company has delivered double digit
revenue growth, continued customer expansion momentum, and profit growth in H1
2026 and anticipates full year revenues will now be comfortably ahead of
consensus expectations*.

H1 2026 Financial highlights

The Group expects to report overall revenue growth of approximately 45%, or
50% on a constant currency basis ("CC"), to approximately £20.8m (H1 2025:
£14.3m). Within this, the Group saw a notable uplift in the rate of organic
revenue growth of approximately 34% CC, to £18.7m, reflecting strong
expansion activity across existing enterprise customers and the successful
onboarding of new customers across all regions.

Group SaaS revenues grew by 33%, or 38% CC, to approximately £17.3m. Of this,
organic SaaS revenues grew by 22% CC, to approximately £15.3m (H1 2025:
£13.0m).

ARR increased by 55%, or 58% CC, to approximately £40.6m (H1 2025: £26.2m).
Excluding the acquisition of Enlighten (announced on 30 June 2025) the organic
ARR growth is expected to be 27% CC, and NRR increased to 116% CC (H1 2025:
108%).

With this solid revenue performance, the Group expects to deliver double digit
adjusted EBITDA growth and an increase in profit before tax for H1 2026.

Integration of Enlighten into the Group is progressing to plan and, as set out
previously, the Board expects to deliver significant cost synergies, over
time, as the operations of the businesses are merged. In FY 2026 the Company
is therefore incurring certain integration and reorganisation costs which
means that the Board anticipates reported PBT for FY 2026 will remain in line
with current consensus expectations* with the benefits of operating cost
efficiencies impacting from FY 2027 onwards.

ActiveOps remains well capitalised and cash generative, with cash at the
period end of £13.3m (H1 2025: £13.4m), after £5.5m utilised in the period
to fund the acquisition of Enlighten. The Group has no debt (H1 2025: no
debt).

H1 2026 Operational Highlights

The Group's sales momentum continued through the first half of FY 2026, with
new customer wins, expansion sales and ongoing product innovation. Expansion
activity remained a central driver of growth, with major contracts secured
across EMEIA, APAC and North America. These included significant upsells and
cross-sells of ControliQ, CaseworkiQ and WorkiQ, reflecting demand from
existing enterprise customers and the scalability of the Group's platform
across multiple geographies.

The Group was also pleased to announce, on 1 September 2025, the reversal, in
full, of the previously announced proposed partial termination by a ControliQ
customer in EMEIA, following a series of temporary contract extensions. This
outcome reflects the continued relevance of the platform to large-scale
customers and the strength of ActiveOps' long-term relationships.

On 30 June 2025, ActiveOps announced the acquisition of Enlighten, a workforce
optimisation software and services provider with a strong footprint in North
America and Asia Pacific. The acquisition significantly expands the Group's
regional presence and customer base, enhances the product roadmap and broadens
the Group's capability to support major enterprise clients.

As set out above, Enlighten's integration into the Group is progressing to
plan, with synergies being realised both in operational costs and
opportunities for cross selling.

Notice of Results

The Company intends to announce its results for the six months ended 30
September 2025 on 27 November 2025.

ActiveOps Executive Chair, Richard Jeffery, commented:

"This has been an excellent first half for ActiveOps, marked by continued
organic revenue and ARR growth, strong cash performance and further success in
expanding our footprint with existing enterprise customers across all regions.
We are particularly encouraged by the growing momentum in cross selling our
product suite and the confidence this reflects in the scalability and value of
our platform. The level of cash on hand being maintained YoY, after the
acquisition of Enlighten and other strategic investments, speaks to the cash
generative qualities of the business.

"The acquisition of Enlighten represents a strengthening of our position in
North America and APAC, as well as accelerating our software roadmap and
expanding our customer base. We're excited about the opportunity this brings
to deepen our capabilities in organisational transformation and deliver
further value to our customers.

"With solid trading across our core regions and the integration of Enlighten
progressing well, we enter the second half with confidence in our strategy,
and the sustained business momentum evidenced over successive periods."

Notes:

* In so far as the Board is aware, as at 14 October 2025, consensus
expectations for the full year to 31 March 2026 were for revenues of £40.3m
and reported PBT of £1.7m.

The person responsible for arranging release of this announcement on behalf of
ActiveOps plc is Emma Salthouse, Chief Financial Officer.

For more information, please contact:

 ActiveOps                                   Via Alma
 Richard Jeffery, Executive Chair            www.activeops.com (http://www.activeops.com/)
 Emma Salthouse, Chief Financial Officer
 Investec Bank plc                           +44 (0)20 7597 5970
 Nominated Adviser and Joint Broker
 Patrick Robb / Nick Prowting / James Smith
 Canaccord Genuity Limited                   +44 (0)20 7523 8000
 Joint Broker
 Simon Bridges / Harry Gooden / Harry Rees
 Alma Strategic Communications               + 44(0) 203 405 0205
 Caroline Forde / Louisa El-Ahwal

 

About ActiveOps

ActiveOps is a Software as a Service business, dedicated to helping
organisations create more value from their service operations. ActiveOps'
Decision Intelligence software solutions are specifically designed to support
leaders with the vast number of decisions they make daily in the running their
operations. Our customers make better decisions and consume less time and
effort making them. The outcomes are significantly improved turnaround times
and double-digit improvements in productivity with backlogs of work materially
reduced. Customers also leverage the capacity created to invest in
transformation and development, and more efficiently utilise resources.

The Company's AI-powered SaaS solutions are underpinned by over 15 years of
operational data and its AOM methodology which is proven to enhance cross
departmental decision-making.

The Company has approximately 280 employees, serving a global base of
enterprise customers from offices in the UK, Ireland, USA, Canada, Australia,
India, and South Africa. The Group's customers are predominantly in the
banking, insurance, healthcare administration and business process outsourcing
(BPO) sectors, including Nationwide, TD Bank, Elevance and Xchanging.

 

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