• Contracted ARR of $11.9m, down 2% vs pcp
• Recurring revenue of 93%, up 1.3% vs pcp
• ARR retention rate of 87%, with Strata ARR retention at 97.1%

Urbanise.com Ltd reported its H1 FY2025 results, with Contracted ARR of $11.9m, down 2% vs pcp, and recurring revenue of 93%, up 1.3% vs pcp. License fees increased by 2%, while professional fees decreased by 16.1%. The company's EBITDA loss reduced by 41.2% to $896k, driven by lower operating expenses. Urbanise remains committed to achieving cashflow breakeven in FY2025, with an average monthly cash generated of $139k in H1 FY2025 compared to ($80k) in the prior period. The company's ARR retention rate was 87%, with Strata ARR retention at 97.1% and FM ARR retention at 72.9%. Urbanise continues to focus on expanding its customer footprint, increasing revenue per user or customer, and leveraging its customer base to drive sustainable growth. The company is also exploring opportunities to better connect strata and facilities managers, as well as offering additional services such as financing and insurance.

Urbanise expects to achieve the following in FY2025: - Development of additional features and services including predictive analytics, enhanced communications, and training modules - Increase in license fees per user or per lot, as well as professional fees - Expanded strata market opportunity with integrated solution that connects customers with service providers, estimated at $30m-$54m per annum

Urbanise is focused on driving sustainable growth through three key horizons: 1. Expanding and maximizing its customer footprint, primarily in the small to medium APAC strata managers, FM service providers in APAC and MENA, and aged care providers 2. Increasing revenue per user or customer through additional features and services, as well as higher license and professional fees 3. Leveraging its customer footprint to better connect strata and facilities managers and explore additional services