Slide 1: Investor Presentation FY2025 Financial Results
Investor Presentation FY2025 Financial Results OBJECTIVE.COM ©© 2025, 2025,Objective ObjectiveCorporation CorporationLimited. Limited.Commercial CommercialininConfidence. Confidence.
Slide 2: Outstanding GovTech driving stronger communities and nations
Outstanding GovTech driving stronger communities and nations -2-
Slide 3: Agenda
AGENDA 01 FY2025 Financial Summary 02 Highlights of the Year 03 Business Line Overview 04 Outlook -3-
Slide 4: FY2025 Financial Highlights
FY2025 Financial Highlights ANNUALISED NET PROFIT REVENUE RECURRING REVENUE ADJUSTED EBITDA AFTER TAX $124m $120m $46m $35m + 5% vs FY2024 + 15% vs FY2024 +5% vs FY2024 + 13% vs FY2024 RESEARCH + OPERATING DEVELOPMENT CASH FLOW CASH DIVIDEND $31m $46m $99m 30% of SOFTWARE 100% of ADJUSTED +3% vs FY2
Slide 5: Consistent + significant innovation investment
Consistent + significant innovation investment 307 FY2025 In the last 5 years RESEARCH + 276 DEVELOPMENT 248 $135 million investment 30% 220 44% of total OF SOFTWARE REVENUE 195 R&D investment 172 157 143 130 117 106 95 85 76 67 58 48 39 30 21 11 15 5 8 1 3 FY00 FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY
Slide 6: Transition to subscription revenue
Transition to subscription revenue Significant Transformation over the past 5 years 124 118 110 107 95 Record recurring revenue as % of total 70 revenue in FY25 63 63 62 84 % Recurring 49 50 50 104 96 Revenue 40 41 87 78 70 53 100% 43 Subscription 39 31 34 Software 25 27 20 22 FY12 FY13 FY14 FY15 FY
Slide 7: SaaS revenue drives growth
SaaS revenue drives growth Strong ARR growth over 5 years… …driving SaaS growth Non-Recurring Revenue: 16 CAGR = - 2% 20 17% CAGR 23 (FY19-FY25) 30 27 SaaS: 70 62 CAGR = + 28% 120 18 53 105 18 44 94 36 85 74 23 16 57 47 USP: CAGR = + 4% 32 32 33 34 34 27 29 Upgrade and Support Program (USP) for on-p
Slide 8: Profitable growth, in line with our strategic plan
Profitable growth, in line with our strategic plan 39% + 15% Adjusted EBITDA margin ARR growth -8-
Slide 9: Path to 15% ARR Growth Target
Path to 15% ARR Growth Target 20-25% 20-25% ARR LOB 15% 11-13% ARR LOB Growth Target ARR Growth Target ARR LOB Growth Target Growth Target FY2025 FY2025 17% growth 31% growth FY2025 12% growth $120m FY25 Content Solutions Planning & Building Regulatory Solutions FY26 Target -9-
Slide 10: Agenda
AGENDA 01 FY2025 Financial Summary 02 Highlights of the Year 03 Business Line Overview 04 Outlook - 10 -
Slide 11: Objective Flywheel of Innovation
Objective Flywheel of Innovation - 11 -
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Slide 13: 2000+ customer relationships
2000+ customer relationships 20+ YEARS A SELECTION Serving you today, investing in tomorrow. 10+ YEARS
Slide 14: Activate Objective
Activate Objective
Slide 15: Objective Intelligence
Objective Intelligence Trust is paramount - Objective is uniquely positioned to deliver AI within public sector information security environments. Objective Intelligence leverages proprietary and open-source AI models to deliver a wide range of privacy-compliant public sector AI solutions. RETRIEVAL
Slide 16: Objective Design Language
Objective Design Language Consistent and modular – ODL delivers a consistent user experience across all products, leverages common components that accelerate development timelines and adoption by customers.
Slide 17: Agenda
AGENDA 01 FY2025 Financial Summary 02 Highlights of the Year 03 Business Line Overview 04 Outlook - 17 -
Slide 18: Governance + Regulation + Digital Service
Governance + Regulation + Digital Service Content Solutions Planning & Building Regulatory Solutions Accountability that builds Creating tomorrow’s Protecting what matters trust in government communities, today Empowering a digital Encouraging responsible Enabling best-practice government to develop
Slide 19: Content Solutions
Content Solutions Sales Revenue ARR $83.4m $80.3m 4% $85.1m $76.1m 12% FY2025 FY2024 % CHANGE FY2025 FY2024 % CHANGE FY2025 Business Line highlights § The Scottish Government, with 18,500 users, will migrate from on-premise to the cloud with Objective Nexus. The overall Nexus customer base extended
Slide 20: 5m Citizens Served, 18,500 Nexus users
5m Citizens Served 18,500 Nexus users - 20 -
Slide 21: FY2025 demand drivers: Nexus conversions
FY2025 demand drivers: Nexus conversions Broad cross-section of Nexus customers provides Cloud Content Management referenceable use cases for market engagement Upgrade and Support Program (USP) uplift on Conversion to SaaS ARR Bradfield Nexus TAM (ARR) Development value following Authority conversio
Slide 22: Objective 3Sixty AI platform
Objective 3Sixty AI platform A foundation for responsible AI – Connect to any data Transform, Protect source, discover, protect and enrich information to feed AI consolidate, sensitive information initiatives. Maintain control over organisational information, & retire information and deliver higher
Slide 23: Planning & Building
Planning & Building Sales Revenue ARR $13.1m $12.3m 6% $18.2m $14.0m 31% FY2025 FY2024 % CHANGE FY2025 FY2024 % CHANGE FY2025 Business Line highlights § Objective Build launched in Australia and will be available to deploy in 2HY2026. Developed in close consultation with six NSW metro councils, to m
Slide 24: Expansion of Objective Build
Expansion of Objective Build In New Zealand we’re building a national platform that will accelerate planning approvals. 80,000 50% Building Consents Processed using Objective Keynote at Building Officials Institute of NZ - 24 -
Slide 25: Expansion of Objective Build into Australia
Expansion of Objective Build into Australia Objective Build matches our experience in New Zealand, with deep local knowledge to transform the building consent process in Australia. 1,500 Development Permits 90,000 Development Approvals 30,000 50,000 Development Building Approvals Approvals 100,000 D
Slide 26: Accelerate planning decisions with AI
Accelerate planning decisions with AI - 26 -
Slide 27: Welcome Isovist
Welcome Isovist Isovist is a provider of powerful GIS based e-planning solutions for local government About Isovist § Extends capabilities in planning & building sector § Cloud-based SaaS solution creates GIS linked view of local planning regulations § 50 customer councils in Australia and NZ § Acce
Slide 28: Regulatory Solutions
Regulatory Solutions Sales Revenue ARR $23.6m $22.2m 6% $16.9m $14.4m 17% FY2025 FY2024 % CHANGE FY2025 FY2024 % CHANGE FY2025 Business Line highlights § Objective RegWorks was selected by the WA LGIRS, the largest regulator in the state, to deliver its new Compliance and Regulation System (CARS). I
Slide 29: Unbeatable Value Proposition
Unbeatable Value Proposition Comprehensive Onboarding faster, 100% of innovation Deep domain expertise regulatory platform for less, investment on features built in out-of-the-box with less risk for Regulators VERSION 7 Enabling regulators to work smarter, collaborate faster, and manage with confide
Slide 30: Objective is the Regulatory Specialist
Objective is the Regulatory Specialist UK Institute of Regulation Conference The Modern Regulator Regulatory Technology Survey - 30 -
Slide 31: Regulation is a global opportunity
Regulation is a global opportunity - 31 -
Slide 32: Agenda
AGENDA 01 FY2025 Financial Summary 02 Highlights of the Year 03 Business Line Overview 04 Outlook - 32 -
Slide 33: FY2026 Objective Strategic Plan
FY2026 Objective Strategic Plan Mission Outstanding GovTech driving stronger communities and nations Ambition Unparalleled Domain Expertise #1 in Our Markets - New Business Profitable Growth Energy Target ARR growth of 15% INVEST IN BUILD Strategic Pillars ACHIEVE DELIGHT BE READY OUR PEOPLE OUTSTAN
Slide 34: FY2026 Outlook
FY2026 Outlook GROW ARR Target 15% ARR growth. SCALE PROFITABLY Balance investment to achieve ARR growth target with increased profitability. R&D INVESTMENT Expand use cases for Objective Intelligence across the product portfolio. ORGANIC OPPORTUNITIES Execute organic growth projects across LOB, wit
Slide 35: OBJECTIVE.COM
OBJECTIVE.COM © 2025, Objective Corporation Limited. Commercial in Confidence.