• Software TCV up 30.9% to $100.8 million
• Subscription license sales up 33.6% to $100.7 million
• Pre-contracted, non-cancellable software revenue backlog up 24.2% to $200 million

RPMGlobal Holdings Limited (ASX: RUL) has announced an update on its software sales performance for the financial year 2025 (FY2025). The company sold $64.5 million in software total contracted value (TCV) in the second half of FY2025, bringing the full-year TCV sales to $100.8 million, up 30.9% from the previous year (FY2024: $77.0 million). Subscription license sales were up 33.6% to $100.7 million (FY2024: $75.4 million), while perpetual licenses sold were $0.1 million (FY2024: $1.3 million). The company's strategy to prioritize subscription license sales, which deliver stable and predictable recurring revenue, over one-off perpetual license sales, was reflected in the reduced perpetual license revenue of $1.2 million year-on-year. As of 1 July 2025, the company's total Annually Recurring Revenue (ARR) stood at $69.1 million, comprising $62.8 million in subscription fees and $6.3 million in maintenance fees. The company also reported a $38.7 million (24.2%) increase in pre-contracted, non-cancellable software revenue backlog, which now stands at $200.0 million. Subject to the finalization of the audit, RPM expects to release its FY2025 full-year audited results in late August 2025.

The company will not provide an update on its expected Group Revenue, Operating EBITDA, and Profit Before Tax (PBT) for FY2025, as these will include a part-year contribution from the Advisory division following the divestment of this business to SLR.