• Annual Contract Value (ACV) grew 10% to $17.6m
• Annual Recurring Revenue (ARR) increased 14% to $15.5m
• Site numbers expanded 35% to 740 across 25+ countries

EPX Limited (ASX: EPX) has released its FY25 operating update, showcasing robust performance across key metrics. The company's Annual Contract Value (ACV), an indicator of potential future annual revenue, grew 10% to $17.6 million. This improvement was driven by initiatives such as platform upgrades, increased industry presence, and targeted marketing campaigns. Annual Recurring Revenue (ARR), the contracted billable recurring revenue component, also increased by 14% to $15.5 million. This growth was supported by the conversion of ACV to recurring revenue, as well as the re-enlivening of sites acquired through the Coda Cloud technology acquisition. Site numbers continued to expand, increasing 35% to 740 sites across over 25 countries. The company's ARR per Full-Time Equivalent (FTE) staff member also improved, rising from $197,000 to $204,000, reflecting operational efficiencies. EPX's CEO, John Balassis, highlighted the company's focus on optimizing operations while driving revenue growth, praising the global team's dedication and expertise. The company is positioned for continued success, with positive market tailwinds and a strong technology platform.

EPX is at an exciting juncture, with world-leading technology and a strong customer base. With market tailwinds in EPX's core markets and the company's global reach, the forward prospects look positive.