Slide 1: Compliance made simple
Compliance made simple H1 2025 Results Investor Presentation Skillcast Group PLC September 2025
Slide 2: Presentation team
Presentation team Vivek Dodd Richard Steele CEO CFO • Co-founded Skillcast in 2001 • Joined Skillcast as CFO in May 2022 • Ex-investment banker (JP Morgan) • 30 years commercial finance background • MS (MIT), BTech (IIT Delhi), former CFA Charterholder • Previously CFO at Mind Gym Plc vdodd@skillcas
Slide 3: H1 25 Financial highlights
H1 25 Financial highlights +23% to £6.4m +23% to Subscription revenue growth £7.5m +18% +23% Total revenue H1 24: £6.4m Total revenue growth Recurring subscription revenue growth £12.8m +23% to £12.8m H1 24: +24% H1 24: +35% ARR* H1 24: £10.4m ARR growth (H1 24: £10.4m) EBITDA £0.7m 85% Recurring 75
Slide 4: H1 strategic and operational progress
H1 25 strategic and operational progress 17% to 1,414 Product progress: • Premium Plan 7.4% of ARR (H1 24 2.9%) Total client numbers growth (H1 24: 1,211) • CoreCompliance 1.2% of ARR (H1 24: 0.3%) • Enhanced (New!) 1.2% of ARR (H1 24: nil) £1.1m • • AI Digital Assistant (Aida) successful client tri
Slide 5: Financials – Income statement summary
Financials – Income statement summary Income Statement (£’000) Growth Growth 2025 2024 6 months ended 30 June Rate Rate Subscriptions 6,403 23% 5,197 35% • All revenue growth came from subscription • Overheads of £5.1m increased £0.4m or revenues 9% primarily from people costs and Professional Servi
Slide 6: Cash flow statement
Cash flow Cash flow statement (£’000) 6 MONTHS ENDED 30.6 2025 2024 statement Depreciation/amortisation PBT 712 115 41 125 Share Option Reserve 39 32 Finance income (176) (154) • Free cash flow of £2.2m in H1 25 (H1 24: £1.0m): Movement in trade and other payables 837 980 • £0.8m deferred income Mov
Slide 7: Financials – Balance sheet summary
Financials – Balance sheet summary Statement of Financial Position 30.6.25 30.6.24 31.12.25 (£’000) • Non-current assets related to • £0.2m of receivables relates to office F&F, IT equipment and Maltese withholding tax rebate Non-current Assets 565 714 659 the right-of-use assets of the expected to
Slide 8: Our Strategy
Our Strategy Organic ARR growth • Focus on product innovation and proactive customer service to maintain client retention • Add-ons and upgrades from Standard to Enhanced and Premium Plans to keep Net Retention Rate above 100% • Well-established inbound marketing and sales funnel to drive new client
Slide 9: Current trading and outlook
Current trading and outlook Continue to trade in line with expectations • Our ARR continues to grow in the second half of the year, driving subscription revenues in line with expectations • Revenues from non-strategic Professional Services continue to have limited visibility though impact is reducin
Slide 10: Thank you
Thank you 80 Leadenhall St London EC3A 3DH skillcast.com
Slide 11: Appendix
Appendix of skillcast 11
Slide 12: About Skillcast
About Skillcast • Skillcast enables businesses to build ethical and resilient workplaces and make compliance simple • Skillcast Group is headquartered in the City of London, with an operations hub on the island of Malta. It is a leading provider of governance, risk and compliance (GRC) content and s
Slide 13: Board of Directors
Board of Directors Richard Amos Vivek Dodd Catriona Razic Richard Steele NON-EXEC CHAIRMAN CEO AND CO-FOUNDER CRO AND CO-FOUNDER CFO Anthony Miller Sally Tilleray James Saralis CTO AND CO-FOUNDER SID & AUDIT CHAIR NED & REMUNERATION CHAIR 13
Slide 14: Advisory Board
Advisory Board David Kenmir Scott Morris Katharine Leaman ADVISORY BOARD CHAIR ADVISORY BOARD MEMBER ADVISORY BOARD MEMBER David Kenmir has 35 years of regulatory Scott has over 40 years of banking and Katharine has worked in financial experience, including five years as a compliance leadership expe
Slide 15: The Need for Staff Compliance is Growing
The Need for Staff Compliance is Growing Preventing Anti-Money Health & Cyber Fraud Laundering Safety Security Preventing Data Bribery Sexual Protection Prevention Harassment 15
Slide 16: Staff Compliance Has Become Complex
Staff Compliance Has Become Complex Laws & Regulations Drivers Processes • Anti-Bribery • Regulators • Training & awareness • Anti-Money Laundering • Law enforcement • Policy attestations • Cyber Security • Boards • Declarations/Disclosures • Data Protection • Shareholders • Anonymous surveys • Equa
Slide 17: Skillcast Makes Compliance Simple
Skillcast Makes Compliance Simple Digitise Automate Consolidate ➢ We enable businesses to build ethical and resilient workplaces ➢1,300+ clients ➢ Annual contract with auto-renewal ➢ Average Contract Value c. £8,000 ➢ Diversified portfolio: top 10 subscription clients accounted for 12% of total subs
Slide 18: Our services
Our services Our services Subscription services: Cloud-based, SaaS, generating ARR, predominantly in Subscriptions Professional Professional the UK services services Consultancy Technology platform Content libraries Technology Content Bespoke Managed GRC: • Essentials: Bespoke services Fully hosted
Slide 19: Progress since IPO 2021-2024
Progress since IPO 2021-2024 Annualised Recurring Revenue (ARR)* Gross profit margin dipped with investment in EBITDA margin emerged from the post-IPO Free cash flow has also reverted back book grew from £5.8m to £11.6m infrastructure and security, but bounced back investment phase and is expected t
Slide 20: Investment case
Investment case Large, resilient market Consistent B2B Strong underlying Well-placed in the Robust SaaS revenue growth profitability changing marketplace operations • Regulations require companies to educate, monitor and record • Net retention rate • Improving gross margin • CoreCompliance: • Board
Slide 21: Evolin Broking: Staff training transformation
CASE STUDY Evolin Broking: Staff training transformation I have been extremely pleased with Skillcast from the beginning. I am the Challenge: primary admin for the system (as well as a After becoming independently regulated by the FCA, Evolin Broking needed a scalable, user), and I find it very easy
Slide 22: Nudge Learning
CASE STUDY Nudge Learning Global charity case study: Nudge Learning success Challenge: For the first time, we have a The global charity faced fragmented compliance processes and inconsistent system that harmonises training engagement across its diverse divisions. They needed a solution to everything
Slide 23: Leading African organisation case study: compliance efficiency
CASE STUDY Leading African organisation case study: compliance efficiency Challenge: This solution has transformed our The organisation needed to streamline compliance processes for over 3,000 compliance processes— employees across multiple locations while adhering to strict regulatory requirements.
Slide 24: Training efficiency with risk analysis
CASE STUDY Training efficiency with risk analysis Having the tools to analyse our staff Challenge: training to identify trends, breaches Jupiter, an asset management firm, needed to refine its compliance and policy violations and map this training to improve efficiency and reduce unnecessary repetit
Slide 25: Scaling compliance efficiency with a tailored solution
CASE STUDY Scaling compliance efficiency with a tailored solution With Skillcast’s multi-tenanted Challenge: Compliance Portal, we were Sumer needed to maintain individual oversight of compliance across its 14 hubs able to seamlessly unify over while ensuring a unified, central compliance function.
Slide 26: Thank you
Thank you 80 Leadenhall St London EC3A 3DH skillcast.com