Full-Year Revenue Growth
Fiscal 2025 total revenue increased 13% year-over-year to $79.2 million, driven by software (+12% year) and services (+15% year).
Improved Adjusted Profitability
Adjusted diluted EPS rose 8% to $1.03 (from $0.95 prior year). Adjusted EBITDA increased to $22.0 million (28% of revenue) versus $20.3 million (29% of revenue) last year.
Backlog Expansion and Services Pipeline
Ending services backlog increased 28% year-over-year to $18.0 million (from $14.1 million). Company expects at least 90% of backlog to convert to revenue within 12 months.
Product-Level Strength in Key Offerings
QSP (QSP/QST) software grew 22% in the quarter and 26% for the fiscal year. Monolix suite grew 3% in the quarter and 14% for the year; ADMET Predictor grew 5% for the fiscal year.
Strong Balance Sheet and Cash Position
Ended fiscal year with $32.4 million in cash and short-term investments, no debt, and positive free cash flow to support growth and M&A.
Strategic Product and Technology Roadmap
Completed operating-model transition to a unified, client-focused structure; released GastroPlus 10.2 and announced portfolio-wide FY26 updates emphasizing cloud scale, interoperability and AI-driven services (virtual investor day planned).
Full-Year Client Metrics
Finished FY25 with 311 commercial clients, average revenue per client $143,000 for the year, and a fiscal-year renewal rate of 88%.