• Software revenue increased by 6.8% and Advisory revenue increased by 15.4%
• EBITDA increased by 20.6% to $8.2 million
• Company has $177.8 million in pre-contracted non-cancellable software licence and maintenance revenue

RPMGlobal Holdings Limited reported a 9.6% increase in revenue to $58.2 million for the half year ended 31 December 2024, compared to the previous corresponding period. Software revenue grew by 6.8% to $37.7 million, while Advisory revenue increased by 15.4% to $20.2 million. The company's EBITDA increased by 20.6% to $8.2 million. However, reported profit after tax decreased by 30.9% to $4.7 million due to the previous half year including a one-off sale of future royalty rights and the current half year including restructuring costs. As at 31 December 2024, the company had $177.8 million in pre-contracted non-cancellable software licence and maintenance revenue, which will be recognised in future periods. The company is optimistic about the years ahead, with a strong balance sheet, healthy cashflow, and competitive software offerings. The divestment of the Advisory division will enable the company to focus solely on its software business, which is expected to make the company more attractive to software-focused investors.

The company expects to continue its strong performance, with the Total Contracted Value (TCV) of software subscriptions and perpetual licences with new maintenance sold during the first six months of the 2025 financial year increasing by 36.8% to $36.4 million.

The company is optimistic about the years ahead, with market acceptance and adoption of its software products continuing to accelerate, particularly in the important Asset Management, Operations and Execution work streams. The company is actively working with the world's largest mining companies on several productivity software development projects, which it believes will solidify and expand its reputation as a respected and reliable 'go to' software vendor for the mining industry.