Skillcast H1 revenues grow 18pc
By Iain Gilbert
Date: Wednesday 23 Jul 2025
(Sharecast News) - Software firm Skillcast said on Wednesday that interim revenues were expected to have grown by double digits year-on-year, driven by recurring subscription revenues.
Skillcast said H125 revenues were seen 18% ahead of H124's £6.4m figure, principally due to a 23% year-on-year increase in recurring subscription revenues to £6.4m.
The AIM-listed group noted that the share of revenues from subscriptions increased from 81% to 85% of total group revenues, while revenue from non-strategic professional services dipped by £100,000 to £1.1m.
Skillcast's annual recurring revenues increased by 22% over the 12 months to June 2025 to £12.7m and by 9% since the start of the year. Profit margins also continued to increase due to operational gearing.
Chief executive Vivek Dodd said: "Our continued ARR growth demonstrates the relevance and value of our GRC software and e-learning products to companies during a period of heightened economic uncertainty.
"I remain confident of our medium-term revenue growth prospects and increasing profitability. We continue to see the opportunity to grow in all our market segments by helping companies to simplify their staff compliance."
As of 0945 BST, Skillcast shares were up 14.89% at 54.0p.
Reporting by Iain Gilbert at Sharecast.com
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