The Craneware Board is recommending a final dividend of 18.5.p per share (FY24: 16.0p), resulting in a proposed total dividend for the year of 32.0p per share (FY24: 29p). Subject to shareholder approval at the Annual General Meeting, the final dividend is expected to be paid on 18 December 2025 to those on the register as at 28 November 2025, with the corresponding ex-dividend date of 27 November 2025.
Other financial highlights include:
Revenue increased 9% to $205.7m (FY24: $189.3m)
Annual Recurring Revenue grew 7% to $184.0m (FY24: $172.0m), with an increase in associated Net Revenue Retention3 to 107% (FY24: 98%)
Adjusted EBITDA increased 12% to $65.3m (FY24: $58.3m), representing an increased margin of 32% (FY24: 31%)
Substantial growth in Statutory Profit before tax, up 52% to $24.0m (FY24: $15.7m), benefitting from the reduction in finance costs driven by the Group's treasury management policy
Adjusted basic EPS1 increased 22.5% to 116.1 cents (FY24: 94.8 cents) and adjusted diluted EPS increased 21.6% to 114.2 cents (FY24: 93.9 cents)
Significant increase in both Basic EPS, up 68% to 56.2 cents (FY24: 33.5 cents) and diluted EPS, up 66% to 55.2 cents (FY24: 33.2 cents)
Strong Operating Cash Conversion at 94% of Adjusted EBITDA (FY24: 90%)
Total Cash and cash equivalents strengthened to $55.9m (FY24: $34.6m)
Further reduction in Total Bank Debt in the year to $27.7m (FY24: $35.4m)
Post period end, new unsecured Revolving Credit Facility ("RCF") of $100m agreed on improved terms, for a further three years with an option to extend for two further one-year terms, and with an additional $100m accordion facility
