• Urbanise partners with NAB to deliver integrated banking and payments services for the strata industry
• Urbanise receives $4.6M in Year 1 and $1.3M fixed annual fee from Year 2 onwards from the NAB partnership
• Urbanise achieves 4.2% revenue growth and 12.7% increase in Annualised Recurring Revenue (ARR) in FY2025

Urbanise.com Ltd has reported its FY2025 results, with revenue increasing by 4.2% to $13.1 million and Annualised Recurring Revenue (ARR) growing by 12.7%. The company also announced a landmark strategic partnership with National Australia Bank (NAB), Australia's leading business bank, to deliver integrated banking and payments services for the strata industry. Under the partnership, NAB has acquired a 15% equity stake in Urbanise and will provide $4.6 million in funding in Year 1, with a further fixed annual fee of $1.3 million from Year 2 onwards. The partnership will enable the development of a new Data and Payments Integration Services (DPIS) solution, which will integrate NAB's business banking products and services with Urbanise's Strata platform. The partnership is expected to disrupt the strata industry, which has been locked into legacy banking solutions and on-premise software for decades. The new integrated solution will provide strata managers with genuine choice in banking and financial services, as well as modern, cloud-based tools to streamline operations and improve customer experience.In FY2025, Urbanise also made significant progress on its product roadmap, releasing new compliance tools, expanded partner integrations, and automation features in its Strata and Facilities Management (FM) offerings. The company ended the year with $15.9 million in cash and no material debt, positioning it well to deliver on its FY2026 priorities, which include completing the NAB integration and preparing for a commercial ramp-up in FY2027 and beyond.The partnership with NAB is a strategic milestone for Urbanise, providing the company with a stable, recurring revenue base and the opportunity to disrupt the strata industry by offering a comprehensive, integrated solution that addresses the sector's long-standing challenges.

Urbanise expects operating cash flow to be negative in FY2026 due to the investment required to deliver the NAB partnership. However, as the partnership's go-to-market gains traction and the business continues to grow, the company is targeting a return to positive operating cash flow in FY2027 and beyond.

Urbanise's key priorities for FY2027 include delivering the NAB DPIS product on time and on quality, strengthening customer acquisition through the NAB partnership, continuing market-leading innovation, and remaining agile to identify and capitalize on strategic opportunities. The company is focused on building a business that delivers sustainable, high-margin growth, resilient recurring revenue, and best-in-class product outcomes.