Highlights

  • Rosslyn reported interim revenue of GBP 1.5m with an improvement in gross margin to 46.3%.
  • The company secured new contracts while progressing deployments with existing global clients.
  • Cost reduction initiatives implemented after the period lowered the monthly cash burn rate.

Rosslyn Data Technologies PLC (LSE:RDT), a provider of a cloud-based enterprise spend intelligence platform, has announced its interim results for the six months ended 31 October 2025, outlining financial performance, operational developments, and progress across its artificial intelligence initiatives.

In its update, the company highlighted that some pipeline expected to convert in H2 2026 is now anticipated in the first half of the next financial year. Despite this timing shift, the company continues to expect revenue growth for the full year ending 30 April 2026, alongside an increase in ARR of over 15%. Improved gross margins and cost reduction measures are expected to support a year-on-year reduction in adjusted EBITDA loss of approximately 25% for FY 2026.

The company reiterated that it remains on track to become cash flow generative in FY 2027, while continuing to monitor costs and funding options.

Revenue and Margin Update

For the interim period, Rosslyn generated revenue of GBP 1.5m, compared with GBP 1.4m in the corresponding period last year. Gross margin increased to 46.3%, up from 35.7% in H1 2025, supported by changes in revenue mix and operational delivery. The adjusted EBITDA loss for the period was GBP 1.0m, compared with a GBP 1.1m loss in the prior year period.

The monthly cash burn rate during the period averaged GBP 175k, higher than GBP 125k recorded in H1 2025. Following the period end, cost-cutting measures were implemented, reducing the monthly cash burn rate to GBP 110k. Cash and cash equivalents stood at GBP 0.7m as at 31 October 2025, compared with GBP 1.7m at 30 April 2025.

Operational Performance and KPIs

Annual recurring revenue (ARR) was reported at GBP 2.3m as at 31 October 2025, compared with GBP 2.4m in H1 2025, representing a reduction of 6%. The total sales pipeline was GBP 3.5m at the period end, down from GBP 4.1m at 30 April 2025, while the weighted pipeline decreased to GBP 0.9m from GBP 1.3m.

Rosslyn continued implementation work with a major global technology client and household name. During the period, the company secured a three-year contract with a global media and technology company that originated as a spin-off from an existing long-standing customer, alongside a one-year contract with a British train operating company.

AI Product Development and Adoption

Momentum continued with the rollout of Rosslyn’s AI-powered classification solution, AICE, which has now been adopted by three customers and is being trialled by a further six. The company also launched a new AI-powered initiative tracking tool and progressed development of its benchmarking tool as part of its product roadmap.

Market Update

Rosslyn Data Technologies shares were trading at 3.19 GBX on 28 January, down 8.86% on the day and 33.54% lower over the past year.