Skillcast Group PLC, a Governance, Risk, and Compliance (GRC) software and e-learning provider, reported strong financial performance for the year ended December 31, 2025. Key highlights include
**Revenue Growth**Total revenue increased by 16% to ยฃ15.3 million, driven by a 21% rise in subscription revenue to ยฃ13.3 million. Recurring subscriptions accounted for 87% of total revenue.
**Profitability**EBITDA surged by 202% to ยฃ1.5 million, and gross margin improved to 75.7%. Basic EPS increased significantly to 1.450 pence per share.
**Cash Generation**Free cash flow rose by 87% to ยฃ3.7 million, and cash in bank grew by 39% to ยฃ12.7 million.
**Dividend Growth**Total dividend per share increased by 20% to 0.620 pence, reflecting strong cash generation and profitability.
**Operational Efficiency**Net revenue retention remained stable at 101%, churn decreased to 7.4%, and average ARR per client increased by 9% to ยฃ11,133.
**AI Integration**Skillcast accelerated AI adoption across products and operations, launching an AI-powered compliance assistant (Aida) and extending its use internally.
**Strategic Initiatives**The company strengthened its commercial tech stack, developed a new EU library, and launched a new website and rebrand. It also maintained excellent customer service records and reaccredited key certifications.
**Outlook**Skillcast expects continued ARR growth in 2026, supported by new customer wins and resilient net retention, despite moderating growth rates due to global uncertainty.
Overall, Skillcast demonstrated robust financial and operational performance, positioning itself for sustained growth and shareholder value creation.
**Notes:**
- The table compares key financial metrics and debt between 2024 and 2025.
- Debt remains at ยฃ0 in both years, indicating no change in debt levels.
- Significant improvements are seen in ARR, revenue, EBITDA, EPS, and cash flow, while other metrics show moderate growth or remain stable.