Microlise boosts recurring revenue and cash as cost savings offset OEM softness

Microlise Group Holdings Ltd. ( (GB:SAAS) ) just unveiled an update.

Microlise Group expects to report 2025 revenue of £84m, up 3.7% year-on-year and broadly in line with market expectations, with annual recurring revenue rising 4.6% to £59.1m and underlying recurring revenue from direct customers growing 16%. While non-recurring revenue declined due to softer global OEM hardware volumes and delayed implementation income, and adjusted EBITDA margin fell to about 10%, the company delivered £5m in annualised cost savings, lifted year-end net cash to £16.7m and added 417 new customers with low churn, strengthening its recurring revenue base and positioning it to improve margins in 2026 despite anticipated continued softness in OEM-related revenues. Operational initiatives included deeper product adoption of its transport management solutions, enhanced data integration via APIs on the Microlise One platform, and a new chief technology officer to drive product innovation, as the company prepares for its flagship Microlise Transport Conference in May 2026 and signals confidence in its ability to grow exit ARR and profitability across UK and international markets.

The most recent analyst rating on (GB:SAAS) stock is a Hold with a £105.00 price target. To see the full list of analyst forecasts on Microlise Group Holdings Ltd. stock, see the GB:SAAS Stock Forecast page.

Spark’s Take on GB:SAAS Stock

According to Spark, TipRanks’ AI Analyst, GB:SAAS is a Neutral.

Microlise Group Holdings Ltd. has a solid financial foundation with strong revenue growth and cash flow generation. However, technical indicators are bearish, and the company faces profitability challenges. Positive corporate events, including strong financial performance and strategic appointments, provide optimism for future growth. The overall score reflects a balanced view of these factors, with a need for caution due to current technical and profitability concerns.

To see Spark’s full report on GB:SAAS stock, click here.

More about Microlise Group Holdings Ltd.

Microlise Group plc is a Nottingham-headquartered provider of transport and fleet technology for transport and logistics operators, offering transport management software and telematics solutions that improve efficiency, safety and emissions performance. Founded in 1982, the AIM-listed company serves more than 2,500 clients across the UK and international markets, with operations in France, Australia and India, and holds the London Stock Exchange’s Green Economy Mark for its role in supporting cleaner transport operations.

Average Trading Volume: 228,104

Technical Sentiment Signal: Sell

Current Market Cap: £108.4M

For an in-depth examination of SAAS stock, go to TipRanks’ Overview page.