PCI-PAL - Good progress on all fronts

PCI Pal made good progress towards its strategic objectives in H126. As well as growing end-H126 annual recurring revenue (ARR) by 21% y-o-y (25% in constant currency, cc) and contracted ARR (CARR) by 18% (21% cc), the company strengthened its strategic partner ecosystem and saw strong sales pipeline growth, including opportunities in the enterprise market and North America. Net revenue retention (NRR) improved to 105% due to contract expansions. With the strong commercial momentum from H1 continuing into H2, the board is confident of delivering against its expectations for FY26 and we maintain our forecasts.

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