IN BRIEF: Pulsar Group hails cost savings, says growth 'accelerating'
Pulsar Group PLC - London-based software-as-a-service provider for the marketing and communications industries - Says it delivered a strong performance in the year ended November 30, ‘characterised by accelerating organic growth...and the successful delivery of [£7.0 million] of annualised cost savings’. These were mainly due to automation and the decommissioning of duplicate legacy technology, Pulsar says. Annual recurring revenue increases to £64.5 million at the year’s end, up from £60.6 million the year before. Says the EMEA & North America region ‘continues to be the primary engine of growth’, with ARR increasing on-year to £34.2 million. Expects total revenue for the year to show ‘modest growth’ at constant exchange rates to around £61.0 million from £62.0 million.
Chief Executive Joanna Arnold says: ‘FY25 was a defining year for Pulsar...With a leaner, more efficient operating model the group is very focused on our technological leadership in agentic AI. The launch of our ’TeamMates’ framework and specialised tools like LUMINA and CLEAR represent the next generation of intelligence, shifting our platform from passive monitoring to proactive, expert-led foresight for our clients.
‘As we enter FY26, the group has reached a clear inflection point in cash generation. The rapid de-leveraging achieved in the first quarter, combined with a right-sized cost base and market-leading AI innovation, gives us strong confidence for the year ahead.’
Current stock price: 44.50 pence, up 1.1% in London on Friday
12-month change: down 8.3%
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