PCI-PAL plc
PCI-PAL PLC (AIM: PCIP), formerly IPPLUS PLC, is a global provider of secure cloud-based payment solutions for business communications (voice, chat, social, email, contact centre), enabling organisations to take card payments securely while removing their business from PCI DSS compliance and data security risk. The Group operates a multi-tenanted SaaS platform hosted on AWS, sold predominantly through a partner ecosystem (CCaaS/UCaaS vendors, payment providers and BPOs) to contact centres globally, with core products Click to Pay, Key to Pay and Speak to Pay.
FY2025 in sixty seconds
year to 30 Jun 2025 · approved 9 Sept 2025 · 90 pages · Companies House
PCI-PAL PLC sells cloud software that lets contact centres take card payments securely by phone, chat or email. In the year to 30 June 2025 revenue rose 25.2% to £22.5m from £18.0m. It made a profit after tax of £41k, against a loss of £1.2m the year before.
The report credits growing subscription income, mostly won through partner companies, in every region. Before tax there was still a small loss, which a tax credit turned into a profit. This year carried £514,000 of one-off costs, mainly a software project and work on corporate opportunities. The year before included patent-case costs and an award.
Cash at the year end was £3.9m, down from £4.3m. There are no borrowings and an unused £3m bank facility. Shareholders put in £119k for new shares, and there is no dividend. Management said the new year had started in line with expectations. The auditor gave a clean opinion with no going-concern doubt, though the report rates economic risks as increasing.
Annual Recurring Revenue (ARR) growth from new and existing contracts
ARR up 25% to £19.26m (FY24: £15.45m), record £3.8m absolute increase
page 3High gross margin subscription-based SaaS model
Gross margin 89.5% (FY24: 89.2%), reflecting high proportion of recurring licence fees
page 14CEO James Barham: 'Looking ahead to FY26, the momentum in the business is hugely exciting... we fully intend to invest and execute at pace to maximise the significant growth opportunity ahead.'
page 4Directors are not recommending payment of a final dividend for FY25 (FY24: nil pence per share)
page 4110 years on one page · FY2016–FY2025
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GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
24 figures restated in a later report
Every figure is read again from the following year’s report: 288 confirmed, 21 differ, 24 restated.
| Line | Year | As first filed | In the later report |
|---|---|---|---|
| FY2023 | £3.1mFY2023 report | £3.0mFY2024 report | |
| FY2023 | £144kFY2023 report | £239kFY2024 report | |
| FY2023 | £11.8mFY2023 report | £12.1mFY2024 report | |
| FY2023 | −£4.1mFY2023 report | −£4.5mFY2024 report | |
| FY2023 | £15.6mFY2023 report | £16.0mFY2024 report |
19 more figures were restated in FY2016 to FY2022, which a free account opens.