Microlise Group plc
Microlise Group plc is a UK-headquartered (Nottingham) AIM-listed SaaS/technology company, founded in 1982, that provides transport and logistics technology solutions including transport management systems (TMS), journey management, fleet compliance, fleet safety, driver connected mobility and planning/optimisation software, delivered via its Microlise One platform. Revenue is generated from per-user/per-asset software subscriptions, hardware (GPS/telematics/camera devices) and professional services, serving over 2,500 customers worldwide via operations in the UK, France, Australia, New Zealand and India (800+ employees).
FY2025 in sixty seconds
year to 31 Dec 2025 · approved 13 May 2026 · 133 pages · Companies House
Microlise Group plc, which sells software and tracking equipment that help businesses run lorry and van fleets, grew revenue by 5.7% to £84.0m in 2025. It still made a loss after tax of £2.2m, slightly wider than the £2.1m loss the year before.
The report blames weaker sales to vehicle and equipment makers, which were hit by tariffs and soft demand, and customer projects delayed after a cyber attack in October 2024. One-off redundancy costs from cutting more than 100 jobs also weighed on profit. Insurance money received for the cyber attack partly offset them. The company ended the year with £16.7m in cash, up from £11.4m, and no borrowings. It raised its dividend for the year to 1.9p a share.
Management expects the job cuts to save about £5m a year from 2026. But it warned that 2026 sales will be slightly below what market analysts expect, with sales to vehicle makers falling. The auditors gave a clean opinion and raised no doubts about the company's ability to keep going. One customer provided 25% of revenue.
Recurring SaaS/managed-service subscriptions (per-user/per-asset licensing)
Managed service agreement income £52.9m of £84.0m total revenue; ARR £59.2m, +4.6% YoY
page 20Revenue mix shift toward higher-margin direct/recurring customer business vs OEM
Direct customer business delivers 'higher quality, higher-margin growth'; OEM volumes (lower margin, non-recurring heavy) declining
page 17Trading in Q1 FY26 is in line with Board expectations; FY26 OEM revenues expected below FY25; as a result of accelerated investment and a challenging market environment, FY26 revenues are expected to be slightly below current market expectations and adjusted EBITDA at the lower end of current market expectations
page 4Progressive dividend policy; FY25 interim dividend of 0.60p paid 7 November 2025; proposed FY25 final dividend of 1.30p per share (FY24: 1.24p), payable 24 July 2026 to shareholders on the register at 3 July 2026, subject to AGM approval
page 47 years on one page · FY2019–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.
Nothing restated
Every figure is read again from the following year’s report: 167 confirmed, 38 differ.
No figure has been restated: every figure a later report printed again, it printed the same.