• Annual Recurring Revenue increased 10% year-to-date to $14.9m
• Annual Recurring Revenue per FTE increased to $204k/site
• Site numbers grew to over 730 sites across 25 countries

EP&T Global Limited (ASX: EPX) has released its latest operating update for the period to 30 April 2025. The company's key highlights include:- Annual Recurring Revenue (ARR) increased from $13.6m (June 2024) to $14.9m year-to-date (YTD), a 10% growth rate. - ARR per Full Time Equivalent (FTE) staff member improved from $197k per FTE (June 2024) to $204k per FTE (YTD), continuing the positive trend of ongoing operational efficiency.- Site numbers have increased from 547 (June 2024) to 730 sites YTD, including the re-enlivening of over 150 sites from the Coda Cloud technology acquisition.- Annual Contract Value (ACV), an indication of potential future revenue, has grown by $1.1m for the period July 2024 to April 2025, reaching $17.2m, an approximate 7% increase.- The company has secured new or expanded contracts with leading European asset managers, British Land plc, a large EU real estate advisory group, and a UK-based property group, among others.CEO John Balassis commented that the year-to-date performance continues the positive trend, with the business growing while also delivering three quarters of operating cash flow positive results. He noted that the period to April 2025 has been much better than the same period in 2024, with over 25% improvement in new revenue wins on a like-for-like basis.