FY2025 Results
- Aug 28, 2025
- 1 min read
Urbanise.com Limited (ASX:UBN) released its full year result to 30 June 2025
FY2025 total revenue of $13.1m, $525k (+4.2%) higher on the prior corresponding period (pcp) with licence revenue of $12.0m (+2.1%) and professional fees of $1,150k (+31.3%).
Urbanise recorded 42 new contract wins in FY2025 representing $930k in ARR and $482k in professional fees (excluding the NAB Partnership).
Annualised Recurring Revenue (ARR) of $13.1m, up 12.7% due to new contract implementations (including $1.3m from the NAB Partnership) and existing customer growth, partly offset by contractions.¹
Net ARR retention improved to 93.5% from 87% in the pcp.
Backlog of $0.4m reduced by 30.9% on pcp following the successful roll out of several large implementations in H2 FY2025.
Adjusted² EBITDA loss of $475k, a $1,575k or 77% improvement vs pcp (FY2024: loss of $2,050k), due to revenue growth and $1.1m reduction in operating expenses following strategic review in 2024.
Achieved positive cash flow for FY2025 in line with guidance. Average monthly cash generated of $392k vs $209k cash used in FY2024.
Closing cash balance of $15.9m (30 June 2024: $1.9m) and no material debt.³ This includes net proceeds of $8.8m from the share issue to National Australia Bank (NAB) and upfront partnership fees of $4.6m.⁴
¹ Customer contractions relate to the reduction of licence requirements from existing customers.
² Adjusted EBITDA excludes one-off share-based payments. In FY2025, Urbanise introduced a new 3-year employee incentive scheme.
³ No debt other than annual insurance premium funding.
⁴ For more information on Urbanise’s strategic partnership with NAB, please refer to the ASX announcement on 19 May 2025.
Comments