Eleco Delivers Strong H1 2025 Results with Record Recurring Revenue Gains

Eleco plc (LSE:ELCO) has reported impressive results for the first half of 2025, achieving notable revenue growth despite ongoing global economic and geopolitical headwinds. The company posted a 19% increase in Annualised Recurring Revenue (ARR) and a 23% rise in Total Recurring Revenue, which now makes up 81% of overall revenue—marking a record for Eleco.

The recent acquisition of PEMAC has expanded Eleco’s footprint in the Computerized Maintenance Management Systems (CMMS) sector, broadening its customer base in asset and maintenance management. Additionally, proactive steps have been taken to address delays in construction-related sales pipelines. With a solid first-half performance, Eleco remains on track to meet its full-year targets.

Financial Highlights and Market Outlook

Eleco’s strong revenue growth, consistent profitability, and solid cash flow position have positively influenced its stock performance. Technical indicators suggest continued bullish momentum. However, a relatively high price-to-earnings (P/E) ratio introduces some caution regarding valuation.

About Eleco plc

Eleco plc is an AIM-listed software group specializing in digital solutions for the built environment. Through brands such as Elecosoft, BestOutcome, PEMAC, Vertical Digital, and Veeuze, the company provides end-to-end services—from early-stage planning and design to construction, asset management, and facility operations. Eleco maintains a global presence with centers of excellence across the UK, Ireland, Germany, Sweden, the Netherlands, Romania, and the U.S.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.