**Summary of Acuity RM Group plc Half-Year Report (H1 2025)**
**Financial Performance**
**Revenue** Increased by 10% to £1.1 million (H1 2024: £1.0 million).
**Operating Loss** Reduced by 52% to £282,000 (H1 2024: £586,000).
**Pre-tax Loss** Decreased by 58% to £263,000 (H1 2024: £634,000).
**Administrative Costs** Down by 16% to £1.284 million (H1 2024: £1.533 million).
**Strategic Focus**
**Refocused Target Market** Concentrated on Cyber Governance, Risk, and Compliance (GRC), leveraging the company’s core strengths.
**New Products** Launched **Vendor Management Hub (VMH)**, an entry-level product for managing supplier-related cyber risks, and redeveloped **NextGen STREAM®** with enhanced features for better user experience and integration.
**Operational Efficiency**
**Leaner Business Model** Implemented organizational changes to improve efficiency, reduce costs, and align resources with strategic priorities.
**Marketing Initiatives** Introduced AI-driven marketing to target prospective customers more accurately, leading to shorter lead times and better conversion rates.
**Pipeline and Opportunities**
**Sales Pipeline** Valued at £3.8 million with over 145 high-quality opportunities expected to close within 12 months, particularly in the defense sector.
**Market Conditions** Cautious outlook due to economic uncertainty and the Strategic Defence Review, but encouraging signs in pipeline development, especially in defense.
**Product Development**
**NextGen STREAM®** Redeveloped with a revamped user interface, simplified integration, and enhanced dashboards. Full-scale implementation delayed due to bug resolution.
**Vendor Management Hub (VMH)** Launched in June 2025, received first order in August, and addresses the same market as the acquired Rizikon product.
**Financial Position**
**Cash and Cash Equivalents:** £418000 (H1 2024: £1.855 million).
**Fundraising** Raised £421,000 in May 2025 from new and existing investors, with an additional £105,000 raised post-period end from directors and a major shareholder.
**Leadership and Outlook**
**CEO’s Vision** David Rajakovich emphasized building a leaner, more efficient business with a focus on operational efficiency and product innovation to capitalize on emerging opportunities.
**Future Prospects** Despite cautious market conditions, significant sales opportunities exist, and the company is well-positioned to deliver growth in H2 2025 and beyond.
**Key Metrics (H1 2025 vs. H1 2024)**
Revenue£1.1m vs. £1.0m (+10%)
Operating Loss£282k vs. £586k (-52%)
Pre-tax Loss£263k vs. £634k (-58%)
Administrative Costs£1.284m vs. £1.533m (-16%)
**Conclusion**
Acuity RM Group plc has made significant progress in H1 2025, with improved financial performance, strategic refocusing on Cyber GRC, and innovative product launches. Despite market challenges, the company is optimistic about its pipeline and is well-positioned for future growth through operational efficiency and product innovation.
| Metric | 30 June 2025 (£’000) | 30 June 2024 (£’000) | Change (£’000) | Change (%) |
|---|---|---|---|---|
| Revenue | 1,145 | 1,049 | 96 | 9% |
| Operating Loss | (282) | (586) | 304 | -52% |
| Pre-tax Loss | (263) | (634) | 371 | -58% |
| Administrative Costs | (1,284) | (1,533) | 249 | -16% |
| Cash and Cash Equivalents | 418 | 1,855 | (1,437) | -77% |
| Total Liabilities | 2,624 | 3,261 | (637) | -19% |
| Net Assets | 3,954 | 4,450 | (496) | -11% |