Aptitude Software Group Plc · LSE:APTD
Aptitude Software — FY2025 Earnings Presentation
23 slides from Aptitude Software's earnings presentation, Apr 8, 2026
Slide 1: Aptitude Software Final results
Aptitude Software Final results For the year ended 31 st December 2025 Fynapse , the Finance ERP 8 th April 2026
Slide 2: Cautionary statements
Cautionary statements This document and any related conference call or webcast (including any related Q&A session) has been prepared by Aptitude Software Group plc (“Aptitude”) and is the responsibility of Aptitude. This document is a marketing communication and should not be regarded as a research
Slide 3: Agenda
Agenda 01 Executive summary 02 Financial results 03 Market opportunity 04 Strategic Review 05 Close
Slide 4: Executive summary
Executive summary +70% Finance Position of Strategic ARR ERP strength Review YoY Growth for AI -native, finance - Profitable and cash Identifying optimal Fynapse grade ERP generative path Driven by business Unlocking a larger Strong balance Initiated to define transformation market opportunity, shee
Slide 5: 2025 Financial highlights
2025 Financial highlights Simon Kelly Commercial Finance Director
Slide 6: Financial highlights
Financial highlights Financially strong with significant cash reserves Significant ARR base provides high revenue visibility ARR of £49.8m provides forward revenue visibility and provides a solid £49.8m +7% foundation for growth through Fynapse with a number of existing clients being Fynapse convers
Slide 7: Financial highlights
Financial highlights Operating margin growth due to continued improvement in revenue mix & robust cost control Partner led model drives further improvements to revenue mix £65.0m 83% Recurring revenues now account for 83% of all revenue, providing stronger margins and greater forward revenue (FY 202
Slide 8: Growing momentum in 2025
Growing momentum in 2025 Alex Curran CEO, Aptitude Software
Slide 9: 2025 progress: Evidence of market shift
2025 progress: Evidence of market shift 70% ~65% 83% Fynapse ARR growth Pipeline value growth of pipeline connected year -on -year year -on -year to partners Fynapse featured wins and key expansions Global leaders in: Healthcare insurance Big 4 Managed services Payments Major US telco Global insuran
Slide 10: 2026 Q1 wins
2026 Q1 wins £1B UK Telecommunications Provider $5B Global Insurance Brokerage Group Selected Fynapse to modernise finance architecture and Selected Fynapse to replace excel based processes with unlock real -time financial intelligence. modern finance architecture that accelerates close. Total Conta
Slide 11: Market transition. The opportunity.
Market transition. The opportunity. Alex Curran CEO, Aptitude Software
Slide 12: The ERP is being redefined.
ERP model is changing 1 The ERP is splitting, operational vs. finance. One system can’t meet the demands of The ERP is modern finance AI, data, control and reporting. being Customer expectations are shifting 2 Fynapse wins where organisations are rethinking traditional ERP approaches. redefined. Lar
Slide 13: AI is the accelerating force. Legacy ERPs cannot keep up.
AI is the accelerating force. Legacy ERPs cannot keep up. Enterprise AI demands a data foundation legacy ERPs were never built to provide. Legacy ERPs have three structural gaps that make bolt -on AI unviable: Fragmented, batch data Fixed, inflexible logic Insight without action Legacy ERPs are buil
Slide 14: Fynapse is the AI-Native Finance ERP.
Larger market Where we fit: Fynapse , is 1 Broader share of finance spend vs. defined use cases. Simplifies our positioning the AI -Native Wider buyer Finance ERP. 2 engagement Resonates with finance and technology leadership Why this framing? Reflects how customers, prospects, and partners Clear ex
Slide 15: Market comparison: Fynapse fills the market gap for Finance ERPs
Market comparison: Fynapse fills the market gap for Finance ERPs Legacy ERP AI Startups Trusted, AI -enabled – The AI -native finance ERP with 30+ Modern – but unproven at scale years embedded in finance but unproven at scale The only Finance ERP built for speed, VC and PE -backed governance, AI – S
Slide 16: Strategic Review
Strategic Review Alex Curran CEO, Aptitude Software
Slide 17: Strategic Review initiated
Strategic Review initiated Identifying the optimal path to scale Fynapse Our position of We are considering a range of options as part of the strategic review, including: strength Raising additional equity capital from existing shareholders, new + investors, and/or strategic partners • Very profitab
Slide 18: Outlook
Outlook New phase of transformation. Centered on scaling Fynapse and capturing the market opportunity #1 #2 #3 Scale Fynapse , the Maintain Identify the Finance ERP momentum optimal path to scale Build on the momentum of Accelerate pipeline growth, Strategic Review underway to Fynapse and capture th
Slide 19: Appendix
Appendix Aptitude
Slide 20: Income statement
Income statement Improving revenue mix & cost control improving operating margins FY 2025 FY 2024 (£’000) (£’000) Recurring Revenue 53,996 54,427 Implementation Revenue 10,958 15,617 Total Revenue 64,954 70,044 Operating Costs (54,922) (60,126) Adjusted Operating Profit 10,032 9,918 Non -Underlying
Slide 21: Cash flow
Cash flow Strong levels of cash generated from operations FY 2025 FY 2024 (£’000) (£’000) Cash generated from operations 10,895 8,852 Interest and tax (paid)/received (815) (2,080) Cash flows generated from operating activities 10,080 6,772 Purchase of property, plant and equipment (736) (481) Purch
Slide 22: Balance sheet
Balance sheet Strong balance sheet with cash of £29.6m & net funds of £21.2m FY 2025 FY 2024 (£’000) (£’000) Goodwill and intangible assets 57,971 61,418 Property, plant and equipment including right -of -use assets 3,575 4,016 Trade and other assets 15,280 18,949 Cash and cash equivalents 29,558 30
Slide 23: Renewal of largest Fynapse client
Renewal of Fynapse charter client, a US -based global leader in communications, has renewed its contract with Aptitude for 3 years at a TCV of £7.6M million, largest reaffirming its commitment to the Fynapse platform. Fynapse Impact + Fynapse embedded as System of Record client + across multiple dom
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