Sri Lanka · Delayed Price · Currency is LKR hSenid Business Solutions Earnings Call Transcripts
Fiscal Year 2026
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Q3 FY2026 saw strong revenue and ARR growth, with normalized EBITDA margin rising to 17% and net profit at LKR 34.8 million. PeoplesHR Cloud led performance, churn remained stable, and the company surpassed the $5 million ARR milestone, focusing on sustainable growth and free cash flow.
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Q2 revenue grew 23% year-over-year, led by PBS HR Cloud and strong recurring revenue. Profitability is expected in Q3 FY2026, with ARR surpassing $4.9 million and continued focus on sustainable growth, efficiency, and AI-driven product enhancements.
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Q1 2026 saw modest revenue growth and a net loss, but recurring revenue and ARR continued to rise, with PivotHR Cloud leading segment growth. Efficiency gains, product upgrades, and aggressive Southeast Asian expansion are expected to drive profitability and valuation improvements.
Fiscal Year 2025
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Q3 revenue declined 5% in LKR but grew 4% in USD constant currency, with PeoplesHR Cloud driving strong recurring revenue growth. EBITDA margin improved, and break-even is expected in Q4, with net profitability anticipated next year.
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Q2 FY2025 saw 5.3% revenue growth in LKR, with strong recurring revenue but increased losses due to non-recurring revenue volatility and currency impacts. Profitability is targeted for Q4, with cost controls and repricing initiatives underway.
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Q1 FY25 revenue grew 30% year-over-year, with strong ARR and cloud business momentum. EBITDA margin declined due to partner commissions, but free cash flow margin improved. Focus remains on organic growth, partner expansion, and achieving profitability by year-end.