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RNS Number : 0436E  GetBusy PLC  13 May 2026

13 May 2026

GetBusy plc

AGM Trading Update

SmartVault: the strategic control point in US tax preparation

GetBusy plc ("GetBusy" or the "Group") (AIM: GETB), a leading provider of
trusted SaaS platforms delivering AI to regulated professionals, provides an
update on trading for the four months to 30 April 2026 (the "Period") ahead of
today's Annual General Meeting.

Overview

The board is pleased to report a meaningful step-up in growth in the Period
with Group ARR up 11% vs April 2025 to £23.4m, validating the Group's
strategy and continuing what we hope to be a sustained period of increasing
growth driven by strong adoption of AI technologies within our applications.

SmartVault is now firmly established as a strategic platform in US tax
preparation, with the business embedded across all major tax software
ecosystems and extending materially deeper into firms' core workflows.

New integration partnerships and a reinvigorated go-to-market approach within
professional services has led to a return to growth within Workiro.

SmartVault: strong pre-tax season validates platform position

SmartVault delivered a step-up in growth through the US pre-tax season, with
ARR up 19% vs April 2025 to $18.5m and new business in the Period up 36%.
SmartVault is now the only document workflow platform integrated across all
major US tax preparation software, including Intuit ProConnect, Lacerte,
ProSeries, Thomson Reuters UltraTax, CCH and Drake. Performance was led by
exceptional contributions from Thomson Reuters and Intuit ProConnect, which
demonstrated strong commercial traction following the Q4 2025 integration
launch.

SmartVault's deep integrations, position as trusted custodian for over 650
million sensitive client documents, its 31,000 professionals from 7,000 firms
and expanding workflow coverage create a powerful competitive moat. Once
embedded, SmartVault becomes deeply integrated into firms' workflows,
historical records and client interactions, resulting in high switching costs
and long customer lifetimes.

With the launch of SmartProposals in Q4, SmartVault will extend further
upstream into new client engagement and pricing workflows, building on the
foundations laid by SmartRequestAI®. Together with automated retention
policies and the next generation of our ProConnect integration, SmartVault is
establishing itself as the strategic control point across the US tax
preparation workflow.

Workiro: TaxCalc partnership

Workiro has started the year well, with new business in the UK and ANZ
benefiting from the refocus on the professional services market. The Group's
enhanced strategic collaboration with TaxCalc, one of the UK's leading tax
compliance software providers, makes embedded tax and document workflows
available to TaxCalc's 11,000 accountancy firms. We expect to add further
integration partnerships in the UK and ANZ to strengthen Workiro's position as
the leading independent document workflow engine for tax professionals.

Customer migrations from Virtual Cabinet to Workiro are building momentum,
leading to attractive ARPU uplifts and improving churn.  This provides
additional confidence that Workiro will continue its return to growth during
the rest 2026.

Outlook

AI is increasingly a value multiplier for the Group's trusted vertical
platforms, with SmartRequestAI® already demonstrating the commercial
potential of AI-led capabilities. With Workiro positioned to return to growth
and SmartVault's strategic position strengthening, the Board reconfirms its
expectations for 2026 with a high degree of confidence.

GetBusy plc

investors@getbusy.com

 Cavendish Capital Markets Limited (Nominated Adviser and Broker)     +44 (0)20 7220 0500

 Matt Goode / Callum Davidson (Corporate Finance)

 Harriet Ward (Corporate Broking)

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF
REGULATION (EU) NO 596/2014 AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF
THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("MAR"). UPON THE PUBLICATION OF THIS
ANNOUNCEMENT, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC
DOMAIN. THE PERSON RESPONSIBLE FOR MAKING THIS ANNOUNCEMENT ON BEHALF OF THE
COMPANY IS PAUL HAWORTH.

About GetBusy

GetBusy provides specialist document workflow software to professional and
financial services markets, securing and enabling workflow automation around
over 1.3 billion unique, high-value documents. Our strategy is to generate
material near-term cash returns through SmartVault, our fast-growing US tax
platform, while building long-term value in Workiro, our content and
collaboration solution for professional services and cloud ERP systems. Our
AI-enabled products are used by over 60,000 paying users globally and are
deeply embedded in customers' daily workflows.

Further information on the Group is available at www.getbusyplc.com

 

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