Computime Holdings plc - Interim Results

On 12 August 2025, Computime Holdings plc published its interim results covering the six-month period ended 30 June 2025.

Revenue increased by 16.8% to €11.6 million (H1 2024: €9.92 million) driven by growth across all reportable segments namely Systems Integration (+19.3% to €7.46 million), Fintech (+8.9% to €2.41 million) and Business Software (+18.3% to €1.72 million). The company highlighted that recurring revenue accounted for 76% of total revenue (H1 2024: 73%) which supports both business stability and strong cash flow generation.

On the expenditure side, operating costs increased by 15.8% to €9.47 million compared to €8.17 million in the previous year.

As a result, Computime reported an operating profit of €2.10 million which is 20.2% higher than the €1.75 million registered in H1 2024 and translates into an operating profit margin of 18.2% (H1 2024: 17.6%).

Profit before tax increased by 20.3% to €2.08 million. After accounting for net finance costs of €0.03 million and a tax expense of €0.19 million, the net profit attributable to shareholders amounted to €1.89 million (2024: €1.56 million), which translates into an annualised return on equity of 35%.

The Statement of Financial Position as at 30 June 2025, when compared to the position as at 31 December 2024 shows that total assets rose by 1.1% (or +€0.21 million) to €18.3 million, principally composed of intangible assets of €6.08 million, cash and equivalents of €4.66 million and trade receivables of €4.48 million. Meanwhile, total liabilities fell by 14.3% (or -€1.26 million) to €7.49 million largely reflecting a decrease in contract liabilities. Total equity increased by 15.6% (or + €1.46 million) to €10.8 million.

Dividend

The Company reiterated that it intends to declare an interim dividend on 8 October 2025, in line with its corporate calendar.

Outlook

The Directors report included an outlook for each reportable segment:

• Systems Integration

The Directors explained that the outlook for the Systems Integration division remains positive, with several key projects lined up in the networking and information security business lines. There projects are particularly for clients in the banking, government and transportation sectors and some of these projects are expected to extend into 2026. The division is also investing in strengthening its Managed Services Provider (MSP) offering, a business line that is anticipated to experience significant growth over the coming years. The company noted that the current project pipeline provides a strong level of confidence that the solid results achieved during the first half of the year will be sustained through to the end of the financial year.

• FinTech

The Directors indicated that profitability and overall growth for the FinTech division are expected to be lower than in prior periods. However, the current focus on consolidation, capability-building, and targeted investment is considered essential for sustaining the momentum achieved in recent years. These measures aim to position the division to effectively manage and capture anticipated growth opportunities over the next three years.

• Business Software

The Directors expect the profit growth achieved through Business Software in the first half of the year to continue throughout the rest of the year. The Enterprise Resource Planning business line is expected to remain the primary driver of growth over the next six months. Moreover, the AI Solutions business line is gaining traction as an increasing number of clients recognise the tangible value delivered by Computime’s AI team. The Group is also exploring a strategic partnership with a leading accounting firm to further enhance and scale its AI Solutions capabilities.