Trading Update and Notice of Interim Results

Skillcast Group PLC

22 July 2026

 

 The information contained within this announcement is deemed by the Company to constitute inside information pursuant to Article 7 of EU Regulation 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended

22 July 2026

Skillcast Group plc

("Skillcast", the "Group", or the "Company")

Trading Update and Notice of Interim Results

Skillcast Group plc (AIM: SKL), the governance, risk and compliance ("GRC") software and e-learning provider, is pleased to announce a trading update for the six months ended 30 June 2026 and continues to trade in line with market expectations for the full year.

The Group expects to report revenues of £8.2 million for H1 2026, a 10% increase on the comparative period last year (H1 2025: £7.5 million). The growth continues to be driven by recurring subscription revenues, which increased 15% on the same period last year to £7.4 million (H1 2025: £6.4 million). The share of the revenue from subscriptions increased to 90% (H1 2025: 85%) of total Group revenues. Revenue from non-strategic professional services was £0.9 million (H1 2025: £1.1 million).

The Group's ARR* has increased by 14% over the 12 months to June 2026 to £14.5 million (June 2025 ARR: £12.8 million) and by 5% since the start of the year (December 2025 ARR: £13.8 million). The Group's profit margin has continued to increase due to operational gearing and productivity increases from AI adoption. Overall, the Group continues to trade in line with market expectations for the full year.

The Group had no debt and cash in bank of £13.6 million at 30 June 2026 (31 December 2025: £11.5 million). This represents c.15 pence per ordinary share in the Company.

 Notice of Interim Results

 The Group will announce its full interim results on 30 September 2026.

 Vivek Dodd, Chief Executive Officer of Skillcast Group, commented:

 "I am pleased that Skillcast has continued growing in ARR from new clients and upsells at the rate guided in April 2026 when we announced our 2025 full year results. We continue to grow our pipeline, but the political and economic uncertainty, both at home and abroad, has continued to slow decision-making. Skillcast is being seen as a reliable, trusted provider of AI enablement for staff compliance by companies in the UK and EU.

We launched our first AI agent, Aida, in 2025, and we are now introducing the ability to edit courses with Aida. In H2 2026, we will release additional AI services, including Conversational Learning, which leverages AI to save staff time and improve compliance awareness. We believe that the cost efficiencies, superior user experience, and better compliance outcomes will encourage more companies to adopt our products. We continue to explore opportunities to grow organically in new segments as well as through acquisitions."

* ARR (Annualised Recurring Revenue) is calculated by annualising revenue recognised from all client subscriptions on annual contracts in a given month.

Enquiries:

Skillcast Group Plc	[phone]
Richard Amos, Chairman Vivek Dodd, CEO Richard Steele, CFO
Cavendish (Nominated Adviser and Broker)	[phone]
Jonny Franklin-Adams / Isaac Hooper (Corporate Finance) Sunila de Silva (Corporate Broking)

About Skillcast Group plc

Skillcast helps companies make compliance simple and build ethical, inclusive, and resilient workplaces. It provides content and technology to digitise and streamline compliance processes and manage them from a single compliance portal. Its product range includes a Learning management system with comprehensive off-the-shelf compliance course libraries, a Policy hub, Staff declarations, Anonymous surveys, CPD tracking, and compliance registers for gifts, expenses, PA dealing, whistleblowing.

 

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