• 34th consecutive quarter of growth in subscriptions
• Annual Recurring Revenue $11.4m, up 6% year on year
• Average Revenue Per Unit $2.3k, up 20% year on year
• New revenue opportunities in Advertising, Live Events, and Data

Aspermont has reported its Q1 FY25 financial highlights, showcasing continued growth in its subscriptions business. The company has achieved its 34th consecutive quarter of growth in subscriptions, with Annual Recurring Revenue reaching $11.4 million, up 6% year-on-year. Additionally, the Average Revenue Per Unit increased by 20% year-on-year to $2.3k, and the company maintained a strong 100% Net Retention Rate. Subscriptions revenue now accounts for 68% of the company's total revenue, up 8% year-on-year. Aspermont is also exploring new revenue opportunities, including cyclical opportunities in Advertising and Live Events, as well as opportunities in resource nationalism and exploration activity. The company is developing new data and intelligence products, such as the World Risk Index, Project Pipeline Index, and ESG Index, which are targeted to drive increased Average Revenue Per Unit and new business subscriptions.The company is executing multiple growth strategies, including growing its corporate subscriptions, increasing account penetration to build Average Revenue Per Unit, and expanding its market size through targeted geographies, new languages, and new high-value data and intelligence formats. Aspermont is also leveraging its industry expertise and technology to build complementary revenue streams in events and marketing agency services.Aspermont is led by an experienced Tier 1 management team, with an 18% combined management shareholding and an average tenure of 8 years. The company is well-positioned to continue its double-digit subscriptions revenue growth and positive free cash flow, with multiple growth levers to increase its share of the total addressable market in mining corporate subscriptions and maintain double-digit growth in Average Revenue Per Unit.

Aspermont is targeting the following high-importance, price-sensitive forward-looking metrics:- Increased Average Revenue Per Unit from new data and intelligence products- Increased new business subscriptions from new data and intelligence products, marketing agency opportunities, and key company tenders- $0.5m revenue from a 12-month marketing agency program- $0.7m revenue from a key company tender for the Future of Mining event- $0.5m revenue from a new data product opportunity with a major mining company

Aspermont is well-positioned to continue its double-digit subscriptions revenue growth and positive free cash flow, with multiple growth levers to increase its share of the total addressable market in mining corporate subscriptions and maintain double-digit growth in Average Revenue Per Unit. The company is exploring new revenue opportunities in Advertising, Live Events, and Data products, and is executing multiple growth strategies to drive improved revenues and quality of earnings.