Tribal Group PLC, a leading provider of software and services to the international education market, reported strong preliminary results for the year ended 31 December 2025. Key highlights include
**Revenue Growth**Group revenue increased by 4% to £92.5 million, driven by a 3% growth in Student Information Systems (SIS) revenue and a 9% growth in Etio revenue.
**Adjusted EBITDA**Adjusted EBITDA rose by 8% to £17.5 million, with an Adjusted EBITDA margin of 19%.
**Profitability**Statutory profit before tax surged by 136% to £12.5 million, aided by reduced exceptional costs.
**Cash Position**Net cash significantly improved to £11.4 million, up from a net debt of £3.2 million in 2024, reflecting strong cash flow performance.
**Recurring Revenue**Annual Recurring Revenue (ARR) grew by 11% to £63.3 million, with recurring revenue comprising 86% of SIS revenue.
**Strategic Progress**Successful launch of the Higher Education Full Service (HEFS) proposition, generating £2.7 million in incremental ARR, and significant new SIS wins, including London South Bank University and Durham University.
**Dividends**Increased total dividend for the year to 2.8p per share, up 331%, including a special dividend of 1.5p per share.
**Outlook**The company is well-positioned for continued growth, focusing on recurring revenue, cloud adoption, and leveraging AI opportunities in the education sector.
Tribal Groups strong financial and operational performance in FY25 underscores its strategic progress and positions it for sustainable growth in the evolving education technology market.