Eagle Eye Solutions Group Plc · LSE:EYE
Eagle Eye Solutions — PDF (3.8MB)
118 slides from Eagle Eye Solutions's investor presentation, September 2025
Slide 1: Delivering AI-powered personalisation at scale
Delivering AI-powered personalisation at scale. Annual Report and Accounts 2025
Slide 2: Contents
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CONTENTS Our mission is to be Overview 01 Financial Highlights 02 At a Glance the global leader in 07 Strategic Framework 08 Powered by People AI-powered loyalty and Strategic Report 09 Chair Statement 12 CEO Statement perso
Slide 3: Financial Highlights
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION FINANCIAL HIGHLIGHTS FY25 reflects transformation to a global SaaS business Our opportunity is significant £40.2m SaaS Revenue FY24: £36.1m +11% 1. Net Revenue Retention is Group Revenue Recurring Revenue Net Revenue Retenti
Slide 4: At a Glance: Strong foundations to deliver our ambitions
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION AT A GLANCE Strong foundations to deliver our ambitions Right time, right place, right product, partners & team Personalisation achieve – and Read our Chief Executive Officer's Statement on page 12 EAGLE EYE SOLUTIONS GROUP
Slide 5: We are problem solvers
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION AT A GLANCE CONTINUED We are problem solvers It’s in our DNA We help enterprise retailers turn loyalty into a profit centre. Our AI-powered platform combines loyalty and personalisation in one place – helping capture rich fi
Slide 6: How we make money
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION AT A GLANCE CONTINUED How we N FE E 1 . IM PL 01 02 03 make O EM T I • One-off • Recurring • Transaction fee AC EN implementation licence fee 3 . TR A N S TAT • Linked to fee earn & burn of ION FEE SaaS business loyalty poin
Slide 7: We have a global presence
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION AT A GLANCE CONTINUED We have a global presence, with our people and customers around the world With Indust personalised With Industry-leading AI Eagle Eye locations personalised personalised offer Solving the personalisatio
Slide 8: We believe in following the golden rule
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION AT A GLANCE CONTINUED We believe in following the Treating people as they would like to be treated This sits at the very heart of personalisation and underpins everything we do. We believe this is what drives our performance
Slide 9: Our strategic framework
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION STRATEGIC FRAMEWORK Our strategic framework will enable us to achieve our ambitions Our next milestone is £100m revenue and 30% EBITDA margin Win, Transact, International Better, Simpler, Mergers and Innovation Deepen Growth
Slide 10: Powered by People
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION POWERED BY PEOPLE All the value we create is thanks to our “Our Purple culture permeates Purple throughout the business and is people key to its success. It has enabled us to attract and retain talented individuals as we sca
Slide 11: Chair Statement
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CHAIR STATEMENT The fundamentals of the business are strong, and Eagle Eye is well positioned to seize the opportunity ahead Several important milestones achieved to increase scalability We have strengthened our leadership t
Slide 12: Chair Statement: Financial performance
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CHAIR STATEMENT CONTINUED FY25 has been a pivotal year in Eagle Eye’s Zyed Jamoussi, who joined the Group as As part of executing our growth strategy, transformation into a global SaaS business, part of the Untie Nots acquis
Slide 13: Chair Statement: Driving EBITDA margin, People
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CHAIR STATEMENT CONTINUED Continued strong cost discipline resulted in As part of this, we have recruited a highly Governance an Adjusted EBITDA increase of 8% to £12.2m, experienced North-America-based Chief We maintain a s
Slide 14: Building a world-class SaaS business
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CEO STATEMENT Building a world-class SaaS business Targeted transformation programmes underway to deliver our growth ambitions Eagle Eye is not a business that stands still. Accelerating our growth rate is a strategic priori
Slide 15: CEO Statement: SaaS revenue growth and EagleAI
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CEO STATEMENT CONTINUED FY25 has been a year of strategic progress science and real-time execution. With leading +11% SaaS revenue growth of for Eagle Eye, in which we have initiated innovators in retail – a group of compani
Slide 16: Capitalising on the growing market opportunity
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CEO STATEMENT CONTINUED Eagle Eye is not a business that stands still. fuel targeted advertising. Omnichannel, real- And our AI-powered solutions have won Accelerating our growth rate is a strategic time execution, and data
Slide 17: Expanded routes to market: Direct Sales
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CEO STATEMENT CONTINUED differentiated in a rapidly changing landscape. Looking ahead, EagleAI’s mission is to simplify core Ideal Customer Profiles ('ICPs'), including This is overseen by our Chief AI Officer, Jean- hyper-p
Slide 18: Growing with partners
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CEO STATEMENT CONTINUED with c.1,000 delegates at the start of Q2 FY26. Technology Partners pre-integrated solutions with industry partners The first commercial contracts are expected Technical integrations have always been
Slide 19: People and culture underpin our success
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CEO STATEMENT CONTINUED • Major global retailer (Mexican subsidiary): People and culture underpin our We remain strongly committed to Equity, an initial six-month contract for AI-powered success Diversity & Inclusion ('EDI')
Slide 20: Positive outlook
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CEO STATEMENT CONTINUED Positive outlook Trading in the first few months of the year has The business is now in a very different position started well, winning three new customers to to where it was when we started our conce
Slide 21: Strategic Opportunity
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION STRATEGIC OPPORTUNITY 2. We have built the world’s most powerful transaction engine, strengthened our capabilities through the acquisition of a leading data science business, and are transitioning Winning in our biggest mark
Slide 22: Strategic Opportunity continued: M&A and new customers
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION STRATEGIC OPPORTUNITY CONTINUED M&A provides opportunity to accelerate 4. Winning new Personalised Data Science / EagleAI customers 5. OEM agreement with one of the largest software providers in the world We have successfull
Slide 23: We are committed to high standards of ESG
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION ENVIRONMENTAL SOCIAL GOVERNANCE ('ESG') We are committed to high standards of ESG focused on materiality and making a difference Everything we do is The Group remains committed to high standards of ESG as set out in the tabl
Slide 24: SECR Summary and Methodology
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION ENVIRONMENTAL SOCIAL GOVERNANCE ('ESG') CONTINUED SECR Summary Reporting Year 1 July 2024 to 30 June 2025 The table below provides a summary of the Streamlined Energy & Carbon Reporting ('SECR') mandatory reporting requireme
Slide 25: Environmental, Social, Governance
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION ENVIRONMENTAL SOCIAL GOVERNANCE ('ESG') CONTINUED E Environmental • Our environmental footprint is low – we eliminate paper with our digital solution • Key tech suppliers take environmental targets seriously • ‘Virtual First
Slide 26: Double-digit SaaS growth: EBITDA margin maintained
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION FINANCIAL REVIEW Double-digit SaaS growth: EBITDA margin maintained Ongoing transition to SaaS model reflected in margin growth SaaS revenue £40.2m FY24: £36.1m +11% Adjusted EBITDA margin 25% FY24: 24% +1ppt Recurring reven
Slide 27: Key Performance Indicators
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION FINANCIAL REVIEW CONTINUED Key Performance Indicators FY25 FY24 Financial £m £m Var Revenue 48.2 47.7 1% Subscription and transaction revenue: SaaS revenue £40.2m 83% £36.1m 76% 11% Professional services revenue £7.5m 16% £1
Slide 28: Group results
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION FINANCIAL REVIEW CONTINUED Group results The low margin SMS transactional revenue Profitability, margins, and cost discipline Revenue continued to taper as expected; revenue for the Direct profit was broadly steady at £34.5m
Slide 29: Financial Review: cash flow and balance sheet
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION FINANCIAL REVIEW CONTINUED contract loss and ongoing transition to an in note 21, improved by 43% to £6.6m with Cashflow, Net Cash, and Balance Sheet SI model. Part of the cost savings has been margin increasing to 14% (FY24
Slide 30: Net cash from operations and dividend
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION FINANCIAL REVIEW CONTINUED The Group generated net cash from operations Dividend up 42% to £13.5m (FY24: £9.5m), supported by The Board has determined that no dividend improved collections efficiency and operating will be pa
Slide 31: Principal Risks and Uncertainties
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION PRINCIPAL RISKS AND UNCERTAINTIES Evolution of the market Technological changes could overtake the Infrastructure risk products being developed by the Group Description Description Description The Group operates in an evolvi
Slide 32: Principal Risks: IP and product risk
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION PRINCIPAL RISKS AND UNCERTAINTIES CONTINUED Protection of intellectual property Product risk Description Description Description The Group’s success and ability to compete effectively Even if the Group obtains patents, they
Slide 33: Principal Risks: suppliers, security, key customers
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION PRINCIPAL RISKS AND UNCERTAINTIES CONTINUED Reliance on key suppliers Online security breaches, data loss Dependence on key customers and sectors and fraud Description Description Description The Group is dependent on a smal
Slide 34: Principal Risks: recruitment, regulation, exchange rates
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION PRINCIPAL RISKS AND UNCERTAINTIES CONTINUED Employee recruitment and retention Changes in applicable laws and regulations Exchange rate risk Description Description Description The ability to continue to attract and retain e
Slide 35: Principal Risks: acquisitions, employees
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION PRINCIPAL RISKS AND UNCERTAINTIES CONTINUED Integration of acquisitions Employee involvement Description Description During the year, the Group acquired Promotional The Group recognises and seeks to encourage the By order of
Slide 36: Board of Directors
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION BOARD OF DIRECTORS Anne de Kerckhove Tim Mason Lucy Sharman-Munday Non-Executive Chair – Chief Executive Officer Chief Financial Officer Anne has over 20 years of experience in leading Tim joined as chairman in January 2016,
Slide 37: Board of Directors continued
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION BOARD OF DIRECTORS CONTINUED Charlotte Stranner Sir Terry Leahy Robert Senior Non-Executive Director – Non-Executive Director Non-Executive Director – Charlotte joined the Group as an Independent Sir Terry joined the Group a
Slide 38: Corporate Governance Statement
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CORPORATE GOVERNANCE STATEMENT Principles of Corporate Governance • Scaling the cost base efficiently with the satisfaction and engagement survey which is The Directors recognise the importance of objective of growing EBITDA
Slide 39: Corporate Governance: stakeholder interests
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CORPORATE GOVERNANCE STATEMENT CONTINUED Take into account wider stakeholder employees who have best demonstrated • Customers: All customer accounts have an interests, including social and the Group’s values. As part of the
Slide 40: Corporate Governance: risk management and internal controls
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CORPORATE GOVERNANCE STATEMENT CONTINUED Embed effective risk management, • The Corporate risk register is owned by the Establish and maintain the Board as a well- internal controls and assurance activities, executive leader
Slide 41: Corporate Governance: Board and committees
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CORPORATE GOVERNANCE STATEMENT CONTINUED The executive leadership team includes two Meetings of the Board and its committees held during the year and the attendance of the members of the Board, the Chief Executive Directors
Slide 42: Corporate Governance: executive leadership team
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CORPORATE GOVERNANCE STATEMENT CONTINUED • The executive leadership team reviews the is designated to consider. The Committee is In fulfilment of these objectives the Committee: day-to-day operations against the business als
Slide 43: Corporate Governance: Board evaluation and remuneration
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CORPORATE GOVERNANCE STATEMENT CONTINUED Evaluate Board performance based on clear Establish a remuneration policy which is Additionally, communications with other and relevant objectives, seeking continuous supportive of lo
Slide 44: Section 172 Statement
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION SECTION 172 STATEMENT The Directors are aware of their duty under Section 172 of the Companies Act 2006 to act in the way which they consider, in good faith, would be most likely to promote the success of the Company for the
Slide 45: Section 172 Statement continued
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION SECTION 172 STATEMENT CONTINUED Stakeholders How we engage Significant events Customers See “Take into account wider stakeholder and Retailers’ move to digital has continued and our customers need a relevant social responsib
Slide 46: Remuneration Committee Report
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT Directors’ remuneration policy When formulating the quantum and structure Employees of the Group are rewarded for The Group’s remuneration policy is formulated of remuneration, the Remuneration
Slide 47: Executive Directors' remuneration for 2025
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT CONTINUED Executive Directors’ remuneration for 2025 2025 base salaries There was no change to Executive Directors’ base salaries during the year. Salary is considered as well as the overall rem
Slide 48: LTIP awards granted in FY25
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT CONTINUED LTIP awards granted in FY25 FY27 performance On 14 January 2025 LTIP awards were granted as nominal cost options under the Eagle Eye LTIP Share Option Scheme to the Executive Directors
Slide 49: LTIP awards with performance period ending in FY25
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT CONTINUED LTIP awards with performance period ending in FY25 The LTIP awards granted in 2023 as nominal cost options will vest as set out in the table below, to the extent the targets set were m
Slide 50: Outstanding LTIP awards
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT CONTINUED Outstanding LTIP awards Number Exercise Vested Exercised Lapsed of shares price during the during during Vested Total 30 June Performance FY Date of grant Type of award granted £ year
Slide 51: Outstanding LTIP awards continued
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT CONTINUED Outstanding LTIP awards continued Number Exercise Vested Exercised Lapsed of shares price during the during during Vested Total 30 June Performance FY Date of grant Type of award grant
Slide 52: Chair and Non-Executive Directors; total remuneration
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT CONTINUED Company Chair and Non-Executive Directors The Non-Executive Directors’ fees were reviewed with effect from 1 January 2025 with no changes being made. The fee for the Company Chair was
Slide 53: Total Directors' remuneration continued
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT CONTINUED Total Directors’ remuneration continued Long-term Salary and fees Annual bonus 2 Other benefits 1 Pension incentives 3 Total 30 June 2024 £'000 £'000 £'000 £'000 £'000 £'000 Tim Mason
Slide 54: LTIP awards and shares held by Directors
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION REMUNERATION COMMITTEE REPORT CONTINUED LTIP awards The Committee intends to grant LTIP awards to the Executive Directors over shares with a value equivalent to up to 150% of salary, subject to achievement of stretching Reve
Slide 55: Directors' Report
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION DIRECTORS’ REPORT The Directors present their annual report and Directors Substantial Shareholdings the audited consolidated financial statements • Tim Mason At 12 September 2025, the Directors have been for the year ended 3
Slide 56: Directors' Report continued
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION DIRECTORS’ REPORT CONTINUED Risk Management Objectives Events after the reporting period By order of the Board and Policies On 15 July 2025, the Group announced a share Details of the Group’s financial risk buyback programme
Slide 57: Statement of Directors' Responsibilities
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION STATEMENT OF DIRECTORS’ RESPONSIBILITIES The Directors are responsible for preparing In preparing each of the Group and Company The Directors are responsible for the the Strategic Report, the Directors’ Report and financial
Slide 58: Independent Auditor's Report
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EAGLE EYE SOLUTIONS GROUP PLC Opinion statements in the UK, including the FRC’s Ethical Standard as applied We have audited the financial statements of Eagle Eye Solutions Group
Slide 59: Auditor's Report: Revenue recognition
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EAGLE EYE SOLUTIONS GROUP PLC CONTINUED Revenue recognition Key audit matter (Refer to page 70 regarding the accounting policy in respect of revenue recognition, page 76 in resp
Slide 60: Auditor's Report: Application of materiality
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EAGLE EYE SOLUTIONS GROUP PLC CONTINUED Our application of materiality When establishing our overall audit strategy, we set certain thresholds which help us to determine the nat
Slide 61: Auditor's Report: scope and going concern
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EAGLE EYE SOLUTIONS GROUP PLC CONTINUED An overview of the scope of our audit Conclusions relating to going concern The Group consists of 11 components, located in the following
Slide 62: Auditor's Report: Other information
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EAGLE EYE SOLUTIONS GROUP PLC CONTINUED Other information Matters on which we are required to report by exception The other information comprises the information included in the
Slide 63: Auditor's responsibilities
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EAGLE EYE SOLUTIONS GROUP PLC CONTINUED Auditor’s responsibilities for the audit of the However, it is the primary responsibility of management, with the financial statements ov
Slide 64: Auditor's Report: laws and regulations
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF EAGLE EYE SOLUTIONS GROUP PLC CONTINUED The most significant laws and regulations were determined as follows: Use of our report This report is made solely to the Company’s membe
Slide 65: Consolidated Statement of Profit or Loss
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND TOTAL COMPREHENSIVE INCOME for the year ended 30 June 2025 Restated and Restated and re-presented 1 re-presented 1 2025 2024 2025 2024 Note £'000 £'000 Note £'000 £'000 Continuing
Slide 66: Consolidated Statement of Financial Position
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CONSOLIDATED STATEMENT OF FINANCIAL POSITION as at 30 June 2025 Restated Restated 2025 2024 2025 2024 Note £'000 £'000 Note £'000 £'000 Non-current assets Non-current liabilities Intangible assets 9 20,748 17,804 Other payab
Slide 67: Consolidated Statement of Changes in Equity
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CONSOLIDATED STATEMENT OF CHANGES IN EQUITY for the year ended 30 June 2025 Share option Share capital Share premium Merger reserve reserve Retained losses Total £'000 £'000 £'000 £'000 £'000 £'000 Balance at 1 July 2023 293
Slide 68: Consolidated Statement of Changes in Equity continued
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CONSOLIDATED STATEMENT OF CHANGES IN EQUITY CONTINUED for the year ended 30 June 2025 Share option Share capital Share premium Merger reserve reserve Retained losses Total £'000 £'000 £'000 £'000 £'000 £'000 Balance at 30 Ju
Slide 69: Consolidated Statement of Cash Flows
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION CONSOLIDATED STATEMENT OF CASH FLOWS for the year ended 30 June 2025 2025 2024 2025 2024 £'000 £'000 £'000 £'000 Cash flows from operating activities Cash flows from investing activities Profit before taxation 2,987 719 Paym
Slide 70: Notes: Accounting policies, general information
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 1 Accounting policies The presentational and functional currency of the Group is Sterling. General information Results in these financial statements have been prepared to the ne
Slide 71: Accounting policies: going concern
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued Basis of consolidation Going concern The consolidated financial statements consolidate those of the As part of their going concern revi
Slide 72: Accounting policies: revenue recognition
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued Revenue recognition Revenue comprises the fair value of the consideration received or receivable from contracts with customers for the
Slide 73: Accounting policies: direct costs
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued Costs to obtain contracts Direct costs The Group recognises the incremental costs of obtaining contracts with customers as an asset if
Slide 74: Accounting policies: contract fulfilment costs
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued If the recoverable amount of an asset (or cash-generating unit) is Contract fulfilment costs estimated to be less than its carrying amo
Slide 75: Accounting policies: financial liabilities and equity
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued At inception or on reassessment of a contract that contains a lease Financial liabilities and equity component, the Group allocates the
Slide 76: Accounting policies: employee benefits
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued Deferred tax is calculated at the tax rates that are expected to apply in Employee benefits the period when the liability is settled or
Slide 77: Accounting policies: segment reporting
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued Capitalisation of internally-generated intangible assets Segment reporting Careful judgement by the Directors is applied when deciding
Slide 78: Critical accounting estimates: impairment of goodwill
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 2 Critical accounting estimates and judgements continued Contract costs Impairment of goodwill continued Costs associated with winning new contracts, such as sales com
Slide 79: Critical accounting estimates: deferred tax
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 2 Critical accounting estimates and judgements continued Presentation of direct costs in statement of profit or loss and total Deferred tax asset recognition comprehen
Slide 80: Segmental analysis
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 3 Segmental analysis continued 2025 2024 £'000 £'000 Revenue is analysed as follows: United Kingdom 16,417 15,614 2025 2024 Service £'000 £'000 France 3,533 3,014 Deve
Slide 81: Operating profit and staff
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 4 Operating profit 5 Particulars of staff Operating profit is stated after charging to the statement of The average number of persons employed by the Group, including
Slide 82: Key management remuneration
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 5 Particulars of staff continued The remuneration of the highest paid Director during the year was: Key management remuneration 2025 2024 Remuneration of the key manag
Slide 83: Taxation
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 7 Taxation Restated 2025 2024 Restated £000 £000 2025 2024 £'000 £'000 Tax reconciliation Current tax Profit before tax 2,987 719 UK corporation tax at 25.00% (2024: 2
Slide 84: Earnings per share; Intangible assets
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 8 Earnings per share 9 Intangible assets The calculation of basic earnings per share is based on the result Internally attributable to ordinary shareholders divided by
Slide 85: Intangible assets continued
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 9 Intangible assets continued Period over Growth rate Pre-tax Carrying which beyond discount The Group’s intellectual property relates to: value of cash flows manageme
Slide 86: Contract fulfilment costs; Property, plant and equipment
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 9 Intangible assets continued 11 Property, plant and equipment The key assumptions underlying the forecast for the EagleAI cash- Office generating unit are the continu
Slide 87: Trade and other receivables
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 12 Trade and other receivables The Group trades only with recognised, credit-worthy third parties. Receivable balances are monitored on an ongoing basis with the 2025
Slide 88: Trade and other payables
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 12 Trade and other receivables continued 13 Trade and other payables Significant changes in the accrued income balances during the period 2025 2024 are as follows: £'0
Slide 89: Deferred income; Financial liabilities
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 13 Trade and other payables continued 14 Financial liabilities Significant changes in the deferred income balances during the period 2025 2024 are set out below. This
Slide 90: Deferred tax; Financial instruments
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 15 Deferred tax asset continued 16 Financial instruments and financial risk management Accelerated The Group is exposed to a variety of financial risks that arise from
Slide 91: Financial risk management
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 16 Financial instruments and financial risk management The carrying amount of financial assets recorded in the consolidated continued financial statements represents t
Slide 92: Foreign exchange risk
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 16 Financial instruments and financial risk management A 5% strengthening in the currency translation rate between Sterling continued and overseas currencies would hav
Slide 93: Capital management and share capital
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 16 Financial instruments and financial risk management On 13 January 2025, the Company issued 1p ordinary shares pursuant continued to the exercise of employee share o
Slide 94: Share option schemes
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 18 Share option schemes In the year ended 30 June 2025, options were granted on 14 January The Company has a share option scheme for certain employees and 2025. The ag
Slide 95: Options outstanding
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 18 Share option schemes continued Options outstanding under the Company’s share option schemes were as follows: Exercise price per 2025 2024 share Name of scheme No of
Slide 96: Share option schemes; Leases
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 18 Share option schemes continued The inputs into the pricing model are as follows: The inputs into the option pricing model are as follows: 2023 2025 2024 Weighted av
Slide 97: Leases; Alternative performance measures
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 19 Leases continued During the year the Group acquired sub-contractor technical At 30 June, the Group had aggregate minimum lease payments under development services t
Slide 98: Alternative performance measures continued
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 21 Alternative performance measures continued 23 Prior period adjustments Direct profit is a new performance measure for the Group which is more Re-presentation compar
Slide 99: Prior period adjustments
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 23 Prior period adjustments continued As previously Re-presented and reported restated 2024 Re-presentation Restated 2024 £'000 £'000 £'000 £'000 Changes to the Consol
Slide 100: Business combination
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 23 Prior period adjustments continued Provisional fair value Provisional Gross profit in the year to 30 June 2025 under the previous presentation Book value adjustment
Slide 101: Event after the date of the financial statements
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS CONTINUED 25 Event after the date of the financial statements On 15 July 2025, the Company commenced a share buyback programme to repurchase ordinary shares of 1 pence each in t
Slide 102: Company Statement of Financial Position
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION COMPANY STATEMENT OF FINANCIAL POSITION as at 30 June 2025 Restated The Company has not presented its own income statement as 2025 2024 permitted by section 408 (4) of the Companies Act 2006. Following Note £'000 £'000 payme
Slide 103: Company Statement of Changes in Equity
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION COMPANY STATEMENT OF CHANGES IN EQUITY for the year ended 30 June 2025 Retained Share Share option earnings/ Share capital premium reserve (losses) Total £'000 £'000 £'000 £'000 £'000 Balance at 1 July 2023 293 29,925 7,291
Slide 104: Company notes: accounting policies
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE COMPANY FINANCIAL STATEMENTS 1 Accounting policies Going concern Basis of preparation As part of their going concern review the Directors have followed These financial statements have been prepared on a going co
Slide 105: Company notes: impairment of investments
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE COMPANY FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued Financial liabilities and equity Impairment of investments (c) Trade and other payables The Company reviews the carrying values of its inves
Slide 106: Company notes: deferred tax
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE COMPANY FINANCIAL STATEMENTS CONTINUED 1 Accounting policies continued • Share premium, representing the excess over the nominal value of Deferred tax continued the fair value of consideration received for share
Slide 107: Company notes: critical estimates
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE COMPANY FINANCIAL STATEMENTS CONTINUED 2 Critical accounting estimates and judgements continued The total charge recognised by the Company in the year to 30 June 2025 Deferred tax asset recognition continued is
Slide 108: Company notes: Investments
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE COMPANY FINANCIAL STATEMENTS CONTINUED 4 Investments continued Class and percentage of shares Investment Principal activity Country of incorporation held and voting rights Eagle Eye Solutions Limited 1 Digital l
Slide 109: Trade and other receivables; Share capital
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE COMPANY FINANCIAL STATEMENTS CONTINUED 5 Trade and other receivables 7 Share capital 2025 2024 The authorised share capital of the Company at 30 June 2025 is £'000 £'000 29,738,569 ordinary shares of 1p each. Am
Slide 110: Prior period restatement; Related party transactions
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES TO THE COMPANY FINANCIAL STATEMENTS CONTINUED 8 Prior period restatement 9 Related party transactions During the year the Directors finalised the FY24 tax computations and The remuneration of the Directors is disclosed
Slide 111: Notice of Annual General Meeting
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTICE OF ANNUAL GENERAL MEETING Company no. 8892109 5. THAT Tim Mason, who was appointed since the last AGM and is EAGLE EYE SOLUTIONS GROUP PLC eligible for re-election pursuant to article 19 of the Company’s articles NOTI
Slide 112: Notice of AGM: Ordinary resolutions
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTICE OF ANNUAL GENERAL MEETING CONTINUED Ordinary resolutions continued in each case as if section 561 of the Act did not apply to any such (i) the holders of ordinary shares in the Company in proportion allotment, provide
Slide 113: Notice of AGM: Special resolutions
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTICE OF ANNUAL GENERAL MEETING CONTINUED Special resolutions continued (i) 5% above the average middle market quotations for an Ordinary This power shall (unless previously renewed, varied or novated by the Share as derive
Slide 114: Notice of AGM: Notes
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTICE OF ANNUAL GENERAL MEETING CONTINUED Notes continued 7. In the case of joint holders, where more than one of the joint holders 2. A proxy need not be a member of the Company. A proxy form which purports to appoint a pr
Slide 115: Company Information
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION COMPANY INFORMATION Directors Anne de Kerckhove Solicitors Taylor Wessing LLP Tim Mason 5 New Street Square Lucy Sharman-Munday London Sir Terry Leahy EC4A 3TW Robert Senior Independent auditor RSM UK Audit LLP Charlotte Str
Slide 116: Notes
OVERVIEW STRATEGIC REPORT GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION NOTES EAGLE EYE SOLUTIONS GROUP PLC ANNUAL REPORT AND ACCOUNTS 2025 114
Slide 117: Printing information
CBP033053 Printed by a Carbon Neutral Operation (certified: CarbonQuota) under the PAS2060 standard. Printed on material from well-managed, FSC™ certified forests and other controlled sources. This publication was printed by an FSC™ certified printer that holds an ISO 14001 certification. 100% of th
Slide 118: Eagle Eye Solutions Group plc contact details
Eagle Eye Solutions Group plc Customer service enquiries: Tel: 0844 824 3699 Sales and general enquiries: Tel: 0844 824 3686 Email: info@eagleeye.com Head Office: 5 New Street Square, London, EC4A 3TW