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RNS Number : 2314I  IntelliAM AI PLC  12 May 2025

12 May 2025

IntelliAM AI plc

("IntelliAM" or the "Group")

 

Full Year Trading Update

 

A Year of Transformational Growth: Pro-forma Revenue Increased 39%, Annual
Recurring Revenue Up Over 400% H2 over H1

 

IntelliAM AI plc (AQSE: INT), a leading provider of AI-driven software
solutions for the manufacturing and engineering sectors, is pleased to provide
a trading update for the full year ended 31 March 2025. The trading
performance reported in this statement is based on unaudited management
accounts and refers to pro-forma growth defined at the end of the statement.

 

Financial Highlights:

·      Total Pro-forma Revenue (as defined below): Increased by 39% to
approximately £3.90 million (FY2024: £2.80 million), reflecting strong
commercial traction and accelerating customer adoption.

·      Annual Recurring Revenue (ARR) 1  (#_ftn1) : Grew by more than
400% when comparing March year end with the half-year in 2025, rising from
£149,000 in September 2024 (H1) to over £800,000 by year-end, indicating a
significant shift towards sustainable, high-quality revenue streams.

·      Enterprise Customer Onboarding: Over 60 enterprise sites
onboarded to the IntelliAM platform during the year,-a key indicator of
long-term value creation and profitability.

·      Cash Position: The Group ended the year with gross cash of
approximately £1.97 million, supporting continued strategic investment in AI
innovation and customer delivery.

·      The Group confirms that it is trading in line with market
expectations.

 

Strategic and Operational Progress:

 

Since listing on the Aquis Stock Exchange and raising over £5 million in July
2024, IntelliAM has made significant strides:

·      Expanded machine learning capabilities to enhance asset
reliability across full site infrastructures.

·      Launched self-service data visualisation tools, including Grafana
integration.

·      Strengthened strategic partnerships, notably with the Diageo
Group and SKF.

·      Established a dedicated insights team and scaled engineering
resources post-IPO to support ongoing product innovation and customer success.

 

 

 

Outlook:

 

The Group remains confident in its growth trajectory. The board anticipates
ARR growth in the current year to 31 March 2026 to exceed 250%.

 

The board believes the increasing number of customers progressing through the
IntelliAM platform lifecycle serves as a strong leading indicator of future
profitability and that with a proven product, deepening enterprise
relationships, and expanding AI capabilities, the Group is well-positioned for
sustained, long-term value creation.

 

Full Year Results Announcement:

 

The Group expects to announce audited full-year results in July 2025.

 

CEO Statement:

 

Tom Clayton, Chief Executive Officer of IntelliAM, commented:

 

"The financial year ended 31 March 2025 was a breakout year for IntelliAM.
With ARR increasing by more than 400% H2 over H1 and pro-forma revenue up at
approximately 39% year on year we are now seeing significant validation of our
model.

 

"Our AI platform is now embedded in more than 60 major manufacturing sites,
with a growing number moving into the later stages of our adoption
framework-where the value and profitability compound.

 

"We remain confident in delivering on our growth plans for the year ahead and
are excited by the scale of opportunity in front of us."

 

Pro-forma Revenue

On 4 July 2024, the Group completed the acquisition of 53 Degrees North
Engineering Ltd ("53DN"). As a result, the Group's reported revenue for the
financial year ended 31 March 2025 includes only nine months of trading with
53DN, totalling approximately £3.2 million (unaudited).

For comparative purposes and to provide a clearer view of underlying
performance, the pro forma revenue analysis presented assumes that 53DN was
part of the Group for the full financial year, as well as the prior year. This
approach allows for a more consistent year-on-year comparison of trading
performance.

Enquiries:

 

IntelliAM AI plc

Tom Clayton, Chief Executive Officer

Daud Khan, Chief Financial Officer

+44 114 299 5007

 

Oberon Capital - AQSE Corporate Adviser and Broker

Adam Pollock, Mike Seabrook, Jessica Cave

+44 203 179 5300

 

Square1 Consulting - Financial PR

David Bick

+44 207 929 5599 / +44 7831 381201

 

About IntelliAM AI:

 

IntelliAM AI plc is a software company leveraging the power of AI and machine
learning to transform productivity in the manufacturing and engineering
sectors. The IntelliAM platform harnesses vast amounts of data from clients'
machines and operational systems to provide actionable insights, enhancing
productivity, reliability, supply-chain optimization, energy efficiency, and
sustainability.

 

 1  (#_ftnref1) ARR is defined as the monthly subscription revenue in March
2025 (and September 2024 for H1) multiplied by 12 to illustrate the expected
annual revenues at the end of the stated period.

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