Aptitude Software Group plc (LSE:APTD) said it expects full-year profit for the period ended 31 December 2025 to be in line with market forecasts, alongside an improvement in operating margins, despite revenue easing to around £65m from £70m a year earlier. The outcome reflects a deliberate repositioning of the business away from lower-margin, directly delivered professional services and toward partner-led implementations, tighter cost discipline and a greater emphasis on predictable, recurring income. Recurring revenue now represents approximately 83% of total group sales.
Group annual recurring revenue declined modestly to £49.8m, largely due to anticipated churn in legacy products. This was partially offset by continued growth in the company’s AI-driven Autonomous Finance offering, where ARR increased by around 7% to £17.9m, supported by significant contract expansions with clients in the telecoms and insurance sectors. The sales pipeline expanded by roughly 65% during the year, with opportunities increasingly weighted toward Fynapse-led deals and partner channels. Aptitude also maintained a strong net cash position and returned £5.1m to shareholders through share buybacks, reinforcing management’s confidence in the group’s strategic direction heading into 2026.
From an investment standpoint, the group benefits from solid financial resilience and disciplined capital management, with buybacks a notable positive. However, technical indicators point to a broadly neutral to slightly cautious share price outlook, while the elevated P/E multiple suggests valuation sensitivity. Limited forward guidance detail further constrains visibility beyond current expectations.
More about Aptitude Software Group plc
Aptitude Software Group plc is a provider of finance transformation software focused on enabling fully autonomous finance functions for large enterprises. Its flagship platform, Fynapse, is an intelligent finance data and accounting solution that integrates and consolidates complex finance and operational datasets, automates accounting processes and improves productivity and cost efficiency.
The company serves organisations seeking to modernise finance operations, offering technology that delivers a unified view of data, high performance and faster insight generation. Aptitude typically works alongside a growing ecosystem of implementation and go-to-market partners, positioning itself within broader digital transformation and finance modernisation initiatives.
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