Eagle Eye Solutions Group Plc · LSE:EYE
Eagle Eye Solutions — FY2026 Earnings Presentation
31 slides from Eagle Eye Solutions's earnings presentation, Sep 14, 2026
Slide 1: FY26 Results
FY26 Results Increasing commercial momentum and strategic progress driving double digit ARR growth and strong cash generation Eagle Eye Solutions Group plc Tim Mason, CEO and Lucy Sharman-Munday, CFO
Slide 2: Today's agenda
Today’s agenda 1. Introduction 2. Our offering & opportunity 3. A transformational year 4. Outlook 5. Q&A 2 Eagle Eye | Full year results for the twelve months ended 30 June 2026
Slide 3: We are a global leader in AI-powered loyalty and personalised marketing
We are a global leader in AI-powered loyalty and personalised marketing With a huge opportunity ahead of us Domain Expertise Data & AI Distribution Scale Trusted partnerships and Proprietary data which runs Scaling with deep, existing deep retail expertise which our industry-leading AI, integrations
Slide 4: We delivered on all four objectives set at the start of FY26
We delivered on all four objectives set at the start of FY26 1 2 3 4 Financial delivery Commercial Scale routes to market Innovate to enhance momentum our offering 4 Eagle Eye | Full year results for the twelve months ended 30 June 2026
Slide 5: Financial delivery
1 2 3 4 Financial delivery Commercial Scale routes to market Innovate to enhance momentum our offering 5 Eagle Eye | Full year results for the twelve months ended 30 June 2026
Slide 6: Key metrics ahead of previously raised market expectation
Key metrics ahead of previously raised market expectation Acted fast, executed the plan and exited with strong momentum £44.5m* £39.3m* 21% £16.1m +31% +31% Vs. 13% +31% consensus ARR SaaS recurring EBITDA Net cash revenue * Excluding NRS 6 Eagle Eye | Full year results for the twelve months ended 3
Slide 7: Our revenue mix is transforming
Our revenue mix is transforming Improving SaaS % will drive DM forward FY26 Revenue analysis Shift in % of SaaS over last three years % FY26 FY25 Change Professional services £6.0m £7.5m (20)% 13% revenue AIR fees (ex. NRS) £28.3m £24.4m +16% NRS contract £0.6m £10.1m (94)% 85% 74% SaaS EagleAI £7.8
Slide 8: ARR growth demonstrates commercial momentum
ARR growth demonstrates commercial momentum Customer concentration continues to reduce +31%* growth +£5.9m Top 10: 4 yr +£5.0m average relationship £(0.9)m +£0.5m Top 10 Top 10: 2 ARR (000s) = 60% average no. of Top 10 products = 64% Only 1 customer >10%, renewed to 2030 *On a constant currency basi
Slide 9: FY26 Income statement
FY26 Income statement £m FY26 FY25 VAR % Revenue 46.7 48.2 (3)% Cloud infrastructure Platform costs (8.6) (9.0) 4% costs >$150k p/m lower Net staff costs (3.6) (3.9) 8% than start of SMS & other costs (1.3) (0.8) (62)% FY26 Total direct costs (13.5) (13.7) 2% Careful cost Direct profit 33.2 34.5 (4)
Slide 10: EBITDA significantly ahead of initial market expectations
EBITDA significantly ahead of initial market expectations Acting fast delivered a positive impact Margin +8 ppts vs consensus Performance on sales driving higher +£1.4m DM. Platform work FY27 impact. £9.8m, 21% margin +£0.7m Executive, SLT & PPS reorganisation EBITDA (£ms) £6.1m*, 13% margin People
Slide 11: Strong net cash position, 31% growth Y-o-Y
Strong net cash position, 31% growth Y-o-Y £16.1m Organic Growth £12.3m £12.3m Priority is investing for growth as £16.1m we create more margin in: CAPITAL ALLOCATION PRINCIPLES 4 1) US sales team 2) AI data scientists Inorganic Growth • 2 successful acquisitions to date • M&A criteria: expand produ
Slide 12: Well positioned to deliver our medium-term targets
Well positioned to deliver our medium-term targets + M&A OEM To help us growth faster EagleAI >£100m Revenue target Win — USA Deepen +30% ACTUAL Adj. EBITDA FY26 Combined organic AIR margin £46.7m growth 15–20% p.a. Milestone FY26 Update 1 Deepen existing 2 Win – USA focus and 34 EagleAI data scienc
Slide 13: Journey to >30% adj. EBITDA, delivering 23.5% in H2 FY26
Journey to >30% adj. EBITDA, delivering 23.5% in H2 FY26 Clear levers to pull to drive efficiencies whilst investing for growth Direct Profit Reduced cloud spend +30% Recurring monthly cloud costs significantly through platform optimization AI Efficiency 21% AI coding Adj. EBITDA Delivered time savi
Slide 14: Clear line of sight to the £100m and >30% EBITDA
Clear line of sight to the £100m and >30% EBITDA ● Considerable TAM opportunity ● Increasing revenue quality ● Strong cash generation ● Double-digit underlying growth ● Margin progression and scalability FY26 Revenue 14 Eagle Eye | Full year results for the twelve months ended 30 June 2026
Slide 15: Commercial momentum
1 2 3 4 Financial delivery Commercial Scale routes to market Innovate to enhance momentum our offering 15 Eagle Eye | Full year results for the twelve months ended 30 June 2026
Slide 16: The loyalty market is big. And it's growing.
The loyalty market is big. And it’s growing. Loyalty Market Spend by Geography $11.4–12.4bn, (10-12% CAGR) Global loyalty management market today (Everest Group, 2026) $20bn+ Long-range projection by 2030 (Markets and Markets, 2025) 3x faster growth (18-20%) Loyalty platforms, not services, are in d
Slide 17: A standout year across all three regions
A standout year across all three regions 13 major wins and deepening with multiple customers APAC EMEA North America Significant renewals New Marquee Wins New Marquee Wins Top regional grocery chain (Texas & Mexico) Standout Results, Launches & Awards Standout Results & Launches Awards & Launches 6M
Slide 18: Recent wins unlock the entire US grocery market, worth c.$1.4bn
Recent wins and existing proof points unlock the entire US grocery market, worth c.$1.4bn 4,190+ stores across six grocery groups 285+ stores 800+ stores 360+ stores 2400+ stores 130+ stores 215+ stores Midwest Midwest Northeast North America Southeast Mid-Atlantic The market these wins unlock 100+
Slide 19: Scale routes to market
1 2 3 4 Financial delivery Commercial Scale routes to market Innovate to enhance momentum our offering 19 Eagle Eye | Full year results for the twelve months ended 30 June 2026
Slide 20: Recap: embedded as an OEM solution within a large enterprise tech company
Recap: We've embedded our technology as an OEM solution within one of the world's largest enterprise tech companies ✓ +$40bn annual revenue ✓ +600 go-to-market professionals ✓ ~5,000 current customers who need to migrate away from the historic on-prem solution pre- 2030 ✓ Unlocking new geographies a
Slide 21: Eagle Eye is at the heart of our partners' new cloud-based loyalty product
Eagle Eye is at the heart of our partners’ new cloud-based loyalty product The OEM is built, live and contributing to ARR 2 blue chip retailers signed across Europe worth c.£2m ARR +40 prospects in advanced pipeline (rolling 12 months) 4-8 new logos expected in the next 12 months 21 Eagle Eye | Full
Slide 22: Partners have helped us win & deliver in new verticals and markets
Partners have helped us win & deliver in new verticals and in new markets 35% of global win ARR was referred or influenced by partners in FY26 New Verticals New Regions Into Travel & DIY. Across EMEA & APAC WON WITH PARTNERS 22 Eagle Eye | Full year results for the twelve months ended 30 June 2026
Slide 23: Innovate to enhance our offering
1 2 3 4 Financial delivery Commercial Scale routes to market Innovate to enhance momentum our offering 23 Eagle Eye | Full year results for the twelve months ended 30 June 2026
Slide 24: We continue to innovate & improve our AIR platform
We continue to innovate & improve our AIR platform, delivering loyalty and personalisation at the speed and scale enterprise retail demands 1 in 10 Global Powering the loyalty Delivering Executed in the blink Enterprise stability, reach economy personalisation at scale of an eye speed and scale 813m
Slide 25: Our AI stack is powering more products and has driven 35% EagleAI growth
Our AI stack is powering more products and has driven 35% EagleAI growth Three products live in production delivering ROI, with another launching in H1 FY27 1 · Personalised Challenges 2 · Personalised Promotions 3 · Offer Ranking 4 · Agentic Dashboard ● LIVE ● LIVE ● LIVE ● Launching in H1 25 Eagle
Slide 26: Personalised Challenges delivered >£750m in incremental sales
Personalised Challenges delivered >£750m in incremental sales for our UK & European customers in the year Continual innovation in our tech stack delivers continual improvements in results 3% uplift in Won in FY26 participating customer spend +1 2 6 6% uplift on offer click rate 10+ years building AI
Slide 27: Personalised Promotions brings AIR and EagleAI together
Personalised Promotions brings AIR and EagleAI together for the first time Delivering a first to market AI-driven, personalisation engine that creates, personalises, allocates, and executes targeted offers at enterprise scale 3.2x ROI vs. mass promotions Won in FY26 ● LIVE ● COMING SOON Personalisat
Slide 28: Our Offer Ranking product turns mass marketing into personalised delivery
Our Offer Ranking product turns mass marketing into personalised delivery Presenting the right offers to the right customers in the right order. Simple. 3x click rate on the personalised flyer 3.5x more offers purchased by customers Won in FY26 35% Weekly promotional schedule increase in spend This
Slide 29: Our Agentic Dashboard will transform campaign creation and optimization
Our Agentic Dashboard will transform campaign creation and optimization The Agent will act as both a Marketing Manager and Data Analyst to streamline the generation of personalised campaigns and supercharge performance 80% reduction in campaign set-up time Makes every campaign more relevant and perf
Slide 30: Confident in a return to double-digit revenue and EBITDA growth in FY27
Confident in a return to double-digit revenue and EBITDA growth in FY27 An accelerating opportunity for Eagle Eye Market tailwinds Gaining significant OEM partnership Proven leadership in Line of sight to are increasingly commercial is live and AI for £100m revenue & favourable momentum, delivering
Slide 31: eagleeye.com
eagleeye.com @weareeagleeye
Eagle Eye Solutions Group — FY2026 Earnings Presentation on 6ix