• Total revenue grew 2%, impacted by customer churn in SimplePart e-commerce
• Margin remained stable, Exit ARR and ARC both grew at 1%
• Strong cashflow generation further supported by improved working capital management

Infomedia Ltd reported a 2% increase in total revenue for the first half of FY25, with a stable margin and growth in Exit ARR and ARC. The company generated strong cashflow, supported by improved working capital management. Underlying cash EBITDA increased by 7%, driven by recurring and non-recurring revenues. Net Profit After Tax Adjusted (NPATA) increased by 11% due to the increased cash EBITDA and no business restructuring costs. Capitalised development costs and amortisation were 14% of revenue, with amortisation increasing from the prior year and remaining higher than capitalisation, negatively impacting profit by $3 million. Share-based payment expenses increased from new Employee Shared Based Payment plans issued in FY25. Earnings per share increased by 62% to 2.22 cents per share. The company has a solid balance sheet position with $78 million in cash and zero debt, providing flexibility for continued growth and capital management. Underlying free cash flow grew by 62% due to strong collections and increased receipts from customers.

Infomedia is in the final steps of the 'Strengthen' phase, which includes strengthening regional sales capability, continued investment in Infodrive CX, and integration of the Intellegam AI acquisition. The company plans to leverage its data assets by accelerating Infodrive Analytics with further investment and expanding data alliances with third parties in the ecosystem. Infomedia also sees opportunities arising from the disruption of traditional OEMs, with Chinese OEMs on the rise and traditional OEMs consolidating, as well as the transition from single-branded dealerships to multi-branded dealership chains and software vendors creating an ecosystem that provides 'whole of value chain' solutions.