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RNS Number : 1135E Rosslyn Data Technologies PLC 21 October 2025
21 October 2025
Rosslyn Data Technologies plc
("Rosslyn" or the "Company")
Notice of Results and Trading Update
Rosslyn (AIM: RDT), the provider of a leading cloud-based spend intelligence
platform, announces that it expects to publish its final year results for the
ended 30 April 2025 ("FY 2025") on Monday 27 October and also provides the
following update on trading.
Further to the Company's trading update on 19 June 2025, Rosslyn now expects
to report FY 2025 revenue of £3.0m (FY 2024: £2.9m) and adjusted EBITDA loss
of £2.0m (FY 2024: £2.5m loss). Following progress of the Company's audit
process, the Company agrees with the audit judgement regarding the timing of
revenue recognition of £0.3m of the development work for Rosslyn's Major New
Client. The recognition of this revenue has been deferred into FY 2026 and FY
2027 and will, therefore, have a positive impact on the Company's financial
performance in those respective years.
Rosslyn entered the new financial year to 30 April 2026 in a better position
than at the same point of the prior year, with a strengthened balance sheet,
stable customer base, expanded pipeline and having successfully delivered the
first phase of a significant project with the Major New Customer, one of the
world's largest companies. While meeting management's expectations for the
year remains sensitive to the timing of securing new contracts, including the
rollout to other departments with the Major New Customer, and with the sales
cycles for converting large enterprise opportunities often being protracted,
the Board is pleased to report that trading was in line with expectations for
the first quarter of FY 2026.
Capitalised terms, unless otherwise defined, have the meaning given to such
terms in the trading update on 19 June 2025.
Enquiries
Rosslyn
Paul Watts, Chief Executive Officer +44 (0)20 3285 8008
James Appleby, Chairman
Cavendish Capital Markets Limited (Nominated adviser and Broker)
Stephen Keys/George Lawson +44 (0)20 7220 0500
Gracechurch Group (Financial PR)
Claire Norbury/Anysia Virdi ++44 (0)20 4582 3500
About Rosslyn
Rosslyn (AIM: RDT) provides an award-winning spend intelligence and predictive
analytics platform. The Rosslyn Platform helps organizations with diverse
supply chains mitigate risk and make informed strategic decisions. It
leverages automated workflows, artificial intelligence and machine learning to
extract and consolidate procurement data providing visibility of complex
supplier data, enabling supplier spend savings and delivering rapid ROI. For
more information visit www.rosslyn.ai (http://www.rosslyn.ai) . Investors
wishing to contact the Company should email investors@rosslyn.ai.
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