Contract Extensions with Public Sector Customers

Summary by AI BETAClose X

Crimson Tide plc has secured 12-month extensions on two public sector contracts, adding £211,000 in combined annual recurring revenue. These extensions highlight the continued adoption of the mpro5 platform by public sector clients for digitalizing inspection, servicing, and compliance activities across their extensive estates, replacing traditional paper-based methods with real-time data capture and providing centralized visibility of operational standards.

Disclaimer*

Crimson Tide PLC
27 August 2026
 

REACH: non-regulatory announcement*

27 August 2026

Crimson Tide plc

("Crimson Tide", the "Company" or the "Group")

Contract Extensions with Public Sector Customers

Crimson Tide plc (AIM: TIDE), the provider of the mpro5 operational compliance platform, is pleased to announce that it has agreed 12-month extensions to two existing public sector contracts, representing combined annual recurring revenue ("ARR") of £211k.

Both customers use mpro5 to digitalise routine inspection, servicing and compliance activity across large, geographically dispersed estates, replacing paper-based records with real-time data capture and giving central teams consistent visibility of standards across all locations.

Commenting on the extensions, Jon Clarke, CEO of Crimson Tide plc, said:

"We are pleased that both of these customers have chosen to extend their contracts. Public sector organisations face the same operational challenge as our largest commercial customers - maintaining consistent standards across a large and varied estate - and this is where mpro5 excels."

Enquiries:

Crimson Tide plc

+44 1892 542444

Chris Fielding, Non-Executive Chair


Jon Clarke, Chief Executive Officer


Rachael Rowe, Chief Financial Officer


Allenby Capital Limited - Nominated Adviser & Broker

+44 (0)20 3328 5656

Jeremy Porter / Ashur Joseph (Corporate Finance)

info@allenbycapital.com

Tony Quirke / David Johnson (Sales & Corporate Broking)


 

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