Business
Customer Expansion Momentum
Customer Expansion Momentum.
About this update from Activeops Plc
[{"type":"text","content":"\n\n13 May 2025\n ActiveOps plc\n(\"ActiveOps\", the \"Company\" or the \"Group\")\nCustomer Expansion Momentum\nContinued execution of the ActiveOps Land & Expand strategy delivers ARR growth\nActiveOps plc (AIM: AOM), a leading provider of Decision Intelligence software for service operations, is pleased to announce a strong expansion performance in the first months of FY26, with an additional c. £1m in SaaS ARR and c. £1.5m in training and implementation services contracted by six existing customers across the Group's three regions, EMEIA, APAC and North America. The sales were a mix of WorkiQ, CaseWorkiQ and ControliQ cross-sells, as well as expansion of existing product usage.\nWith these customers having an average tenure of seven years using ActiveOps' products, the contracts underline the expansion potential across ActiveOps' established customer base.\nIn addition to this demonstration of commitment to the ActiveOps platform for decision intelligence from existing customers, the business has added a further three new customers since the start of FY26, continuing the momentum from the previous year and providing the platform for future growth. \nThis strong start to the current financial year underpins confidence in an FY26 performance in line with the Board's expectations.\nRichard Jeffery, Executive Chair of ActiveOps, commented \"One of the key characteristics of our software is its ability to quickly deliver real monetary value to its users, meaning that we have always enjoyed strong expansion sales within customers once they are up and running on our solutions. That has been particularly evident in recent months, with the enhancements to our offerings, including the addition of powerful AI-based tools, combining with the growing regulatory and economic pressures our customers are experiencing, to create an increase in order flow. We continue to see considerable further expansion opportunity within our extensive, blue-chip customer base which, with an increased win rate and speed of deployment, we are well placed to convert.\"\nFor more information, please contact:\n \n\n\n\n\nActiveOps plc\n\n\nVia Alma\n\n\n\n\nRichard Jeffery, Executive Chair\n\n\nwww.activeops.com\n\n\n\n\nEmma Salthouse, Chief Financial Officer\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nInvestec Bank plc - Nominated Adviser and Joint B...