ActiveOps Posts Strong FY25 Results with Double-Digit Growth and Strategic Enlighten Acquisition

ActiveOps Delivers Robust Growth and Makes Strategic Power Play with Enlighten Acquisition

ActiveOps isn’t just ticking boxes; it’s actively rewriting its growth narrative. The FY25 results showcase a business hitting its stride, while the post-period acquisition of Enlighten signals a bold, strategic acceleration. Let’s dissect why this Decision Intelligence specialist is turning heads.

Financial Fortitude: Double-Digit Growth and Rock-Solid Foundations

The numbers speak volumes about momentum:

• Revenue Surge: £30.5m, up 14% (15% constant currency). This isn’t a flash in the pan; it’s consistent, quality growth.
• ARR Momentum: £28.4m, climbing 13% (15% constant currency). This recurring revenue base is the engine room, providing visibility and stability.
• Profit Power: Profit before tax jumped 30% to £1.3m. Crucially, this growth came alongside deliberate investment in sales capacity – a sign of confidence in future returns.
• Cash King: Net cash and equivalents ballooned to £20.6m (up 17%). Operating cash conversion hit a stellar 200%. This isn’t just profitable growth; it’s highly cash-generative growth, giving them serious firepower.
• Sticky Customers: Net Revenue Retention (NRR) held firm at 106% (108% constant currency). Even better, 85% of customers increased or maintained ARR, with 34% boosting it by 20%+.

Geographically, the story was strong across the board, but North America deserves a special shoutout: revenue there leapt 22% to £7.7m, driven by five new customer wins alongside expansion.

Operational Execution: Land, Expand, and Innovate

Beyond the financials, the operational metrics paint a picture of a business executing well:

• New Logo Acceleration: Nine new customers secured in FY25, a significant jump from just three in FY24. This validates the investments in sales capability.
• Product Adoption: ControliQ Series 3 usage hit 27% of customers, demonstrating traction for its AI-driven insights. Series 4 launched in Jan ’25, already snagging six customers (three new, three upsells).
• CaseWorkiQ on Fire: ARR for this workflow automation solution grew 38%, boasting an impressive NRR of 131%. Customers clearly see tangible value.
• WorkiQ Cloud Lift-Off: The shift to a cloud-native version is paying off, with improved rollout speeds and a significant North American banking customer migrating post-period.

The targeted investment in expanding the sales team, particularly bringing in experienced enterprise SaaS talent, is clearly bearing fruit and sets the stage for sustained new business momentum.