GetBusy (GETB) H2 2025 TU earnings summary

Executive summary

• Accelerating ARR growth in 2025, with notable momentum in the second half driven by strong operational execution and product demand.

• SmartVault reached an inflection point, with H2 new business up 65% year-over-year and ARR growth of 16%.

• Workiro gained traction in the enterprise market and professional services sector, supported by successful customer migrations.

Financial highlights

• Group ARR at year-end grew 8% at constant currency to £22.6m.

• Expected group revenue of at least £22m, up 5% at constant currency year-over-year.

• Adjusted EBITDA expected at £0.3m, in line with market expectations.

• Net cash at year-end was £0.9m, with available cash funds of £3.9m.

Outlook and guidance

• Board confident in sustaining or accelerating SmartVault's ARR growth into 2026.

• Expectation of rapidly increasing EBITDA margins in 2026 due to SaaS operating leverage.

• Group well capitalised to execute growth strategy and deliver material cash returns to shareholders in the medium term.