• Annual Contract Value (ACV) increased by $0.4m to $18.0m
• Annual Recurring Revenue (ARR) increased from $15.5m to $15.7m
• Site numbers grew from 740 to 759 across 25+ countries

EPX Limited (ASX: 'EPX') has released its latest quarterly operating update for the period ending 30 September 2025. The key highlights include:- Annual Contract Value (ACV), being an indication of potential future annual revenue once installed, increased by a net $0.4m from June 2025, to $18.0m (September 2025). This includes the removal of approximately $0.4m in ACV due to a successful court-enforced settlement of a non-performing UAE-based customer, where EPX received AED1.3m (circa A$0.5m) in cash and terminated the contract.- Annual Recurring Revenue (ARR) increased from $15.5m (June 2025) to $15.7m (September 2025), driven by the conversion of ACV to recurring revenue. - Site numbers grew from 740 (June 2025) to 759 sites (September 2025) across over 25 countries, including 10 new hospitality sites in the UAE and 12 commercial retail/office sites mainly in Australia.The company continues to operate within its efficiency targets, with ARR per Full Time Equivalent (FTE) remaining at approximately $200k per FTE. CEO John Balassis commented that the first quarter performance continued the positive trend, with growth in new ACV for the quarter despite the impact of removing ACV due to the successful legal outcome in the UAE. He also noted the exciting entry into the healthcare vertical, and that the investment in sales and marketing activities is showing early signs of progress.