Slide 1: Earnings Call: Q1 - FY26
Earnings Call: Q1 - FY26 January 8, 2026
Slide 2: Safe Harbor Statement
Safe Harbor Statement Except for historical information, the matters discussed in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties. Words like “believe,” “will”, “can”, “expect,” “anticip
Slide 3: First Quarter 2026 Highlights
First Quarter 2026 Highlights Current period $18.4M -3% $0.03 $0.13 19% Revenue Revenue Diluted EPS Adj. Adj. EBITDA Decline Diluted EPS Margin Prior Year Comparison (1Q25) $18.9M +31% $0.01 $0.17 24% Revenue Revenue Diluted EPS Adj. Adj. EBITDA Growth Diluted EPS Margin
Slide 4: Trailing Twelve Months (TTM) Highlights
Trailing Twelve Months (TTM) Highlights Current period $78.7M +6% ($3.20) $0.98 27% Revenue Revenue Diluted EPS (1) Adj. Adj. EBITDA Growth Diluted EPS Margin Prior Year Comparison (1Q25) $74.4M +20% $0.40 $0.94 29% Revenue Revenue Diluted EPS Adj. Adj. EBITDA Growth Diluted EPS Margin (1) Diluted E
Slide 5: Software Highlights
Software Highlights – Overall software revenue decline of 17% for 1Q26 and was flat TTM – Renewal rates impacted by client consolidations and site closures Pro-ficiency® CLINICAL OPS +3% -6% -82% Q1 Revenue Growth Q1 Revenue Decline Q1 Revenue Decline $18.7M $0.04 22% +3% Revenue +1%EPS Diluted -28%
Slide 6: Services Highlights
Services Highlights – Overall services revenue growth of 16% for 1Q26 and 15% for TTM – Total backlog $20.4M Med Comm Services COMMERCIALIZATION +8% +42% Q1 Revenue Q1 Revenue Growth Growth $18.7M +19% $0.04 $0.18 22% Revenue -5% Revenue Growth Diluted EPS Adj. Diluted EPS +191% Adj. EBITDA Margin T
Slide 7: Revenue - Q1 FY26
Revenue - Q1 FY26 (in millions) 1Q26 Mix -3% -17% +16% Total Revenue Software Revenue Services Revenue Decline Decline Growth 1Q25 Mix
Slide 8: Revenue - Trailing Twelve Months (TTM)
Revenue - Trailing Twelve Months (TTM) (in millions) 1Q26 Mix +6% 0% +15% Total Revenue Software Revenue Services Revenue Growth Growth Growth 1Q25 Mix
Slide 9: Software Solutions as % of Software Revenue
Software Solutions as % of Software Revenue 1Q26 TTM First Quarter Highlights Discovery ADMET Predictor® • 11 new clients • 2 upsells to existing clients Development GastroPlus® • 10 new clients • 2 upsells to existing clients MonolixSuite™ • 6 new clients • 8 upsells to existing clients Discovery D
Slide 10: Software Performance Metrics - Q1 FY26
Software Performance Metrics - Q1 FY26 Commercial Clients Avg. Revenue per Client Renewal Rate (in thousands) (fee based)
Slide 11: Software Performance Metrics - TTM
Software Performance Metrics - TTM Commercial Clients Avg. Revenue per Client Renewal Rate Clients (in thousands) (fee based) (end of period)
Slide 12: Services Solutions as % of Services Revenue
Services Solutions as % of Services Revenue Q1 FY26 TTM Development Development Commercialization Commercialization
Slide 13: Services Performance Metrics Q1 FY26
Services Performance Metrics Q1 FY26 Total Projects Backlog (in millions)
Slide 14: Income Statement Summary - Q1 FY26
Income Statement Summary - Q1 FY26 (1) (in millions, except Diluted EPS and Adjusted Diluted EPS) 1Q26 % of Rev 1Q25 % of Rev Revenue $18.4 100% $18.9 100% Cost of revenue 7.5 41% 8.7 46% Gross profit 10.9 59% 10.2 54% R&D 3.0 16% 1.8 10% S&M 3.2 17% 2.9 15% G&A excluding nonrecurring 4.0 22% 4.9 26
Slide 15: Balance Sheet Summary
Balance Sheet Summary (1) (in millions) November 30, 2025 August 31, 2025 Cash and short-term investments $35.7 $32.4 Other current assets 22.5 19.2 Long term assets 79.7 80.4 Total assets $137.8 $131.9 Current liabilities 10.3 6.7 Long-term liabilities 0.4 0.4 Total liabilities 10.7 7.1 Shareholder
Slide 16: Fiscal 2026 Guidance
Fiscal 2026 Guidance Guidance Total Revenue $79M - $82M Total Revenue Growth 0% - 4% Software Revenue Mix 57% - 62% Adjusted EBITDA Margin (1) 26% - 30% Adjusted Diluted EPS (2) $1.03 - $1.10 (1) Adjusted EBITDA represents net income excluding the effect of interest expense (income), provision (bene
Slide 17: Adjusted EBITDA Non-GAAP Reconciliation
Adjusted EBITDA Non-GAAP Reconciliation (1) (in thousands) 1Q26 1Q25 Net income $676 $206 Excluding: Interest income and expense, net (267) (159) Provision for income taxes 294 64 Depreciation and amortization 1,346 2,265 Stock-based compensation 1,465 1,589 Loss on currency exchange 10 15 Reorganiz
Slide 18: Adjusted Diluted EPS Non-GAAP Reconciliation
Adjusted Diluted EPS Non-GAAP Reconciliation (1) (in thousands, except Diluted EPS and Adjusted Diluted EPS) 1Q26 1Q25 Net income $676 $206 Excluding: Amortization 1,259 2,130 Stock-based compensation 1,465 1,589 Loss on currency exchange 10 15 Mergers & Acquisitions expense 10 255 Reorganization ex
Slide 19: Thank You
Thank You Investor Relations Contact: Lisa Fortuna Financial Profiles slp@finprofiles.com | +1-310-622-8251