SKILLCAST GROUP PLC (SKL) — Final results for the year ended 31 December 2025

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the SKILLCAST GROUP PLC twenty twenty five Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and they can be submitted at any time using the q and a tab situated on the right hand corner of your screen. Just simply type in your questions and press send. Before we begin, I would like to submit the following poll. And I would now like to hand you over to CEO Vivek Dodd. Good afternoon to you. Good afternoon, and thanks, Alex, and thank you everybody for joining us today for the presentation of our full year 2025 results. So I'm Vivek Dodd. I'm the CEO of the SKILLCAST GROUP, and I'm joined by, Richard Steele, our CFO. I'll give a brief introduction to SKILLCAST, for the benefit of those who may be new to us. SKILLCAST helps companies build more ethical and resilient workplaces by digitizing, automating, and consolidating their staff compliance processes, such as their compliance training, policy management, staff declarations, submissions, and record keeping. We make these compliance processes simple for our clients with the use of our excellent technology platform, ready made elearning content that our clients can customize very easily, exceptional service, and increasingly AI features. The demand for our products is relatively resilient because compliance is a nondiscretionary spend for most companies, especially those in regulated sectors such as financial services. Our we have clients of all sizes. They contract with us for annual subscriptions that generate steadily growing annual recurring revenue and strong cash flows. Our business has high operating leverage. We reached the EBITDA breakeven point in the prior year 2024. And in 2025, we saw a step c...