Actual Experience plc (AIM: ACT), the analytics-as-a-service company, is pleased to announce its preliminary results for the year ended 30 September 2015.

Highlights

  • Signed two largest contracts to date, representing significant revenue opportunities and compelling validation of Actual’s technology and strategy:
    • May 2015, 3 year agreement with an organisation in the top 100 of Forbes' Most Valuable Brands
    • September 2015, 3 year agreement with Verizon Enterprise Services, one of the world’s leading communications businesses
  • Secured £15.2m fundraise in June 2015 and begun investment into operational infrastructure, technology development, people, brand and marketing to support the opportunities
  • Strengthened operational team, including appointment of Robin Young as Chief Operating Officer
  • Progress towards additional commercial agreements with some of the world’s largest technology and service companies
  • Revenues increased 23% to £0.70m (2014: £0.57m)

Post Year-End Highlights

  • December 2015, soft launch of Verizon’s enhanced managed network reporting capability service, incorporating Actual’s analytics
  • Significant order with a leading US based technology company

Dave Page, CEO of Actual Experience plc, commented:We have made significant progress across all aspects of our business this year. While the financial results show growth, the real success of the year was the progress made in our commercial relationships with major channels, with two important contracts signed during the year and a further agreement announced today.

“Following the successful fundraise in June 2015 we have put in place many of the building blocks needed to capitalise on our vast, and growing, market opportunity. In this financial year we will continue to invest in people and technology, develop further sales channels, both channel and direct and also expect to see a more meaningful revenue contribution from our successes to date. We look to the future with confidence.”

Enquiries:

Actual Experience plc via Alma PR
Dave Page, Chief Executive Officer
Steve Bennetts, Chief Financial Officer
N+1 Singer Advisory LLP Tel: +44 (0)207 496 3000
Shaun Dobson, Lauren Kettle
Alma PR Tel: +44 (0)7780 901979
Josh Royston, Caroline Forde

About Actual Experience plc

Our data analytics are the missing link between digital experience quality and improvements in the digital business. We use the actual experience of the end user as the lens that enables our customers to focus their resources on achieving consistent quality and improving business performance.

Our unique approach creates ‘digital users’ that test digital supply chains continuously and automatically from where data is consumed to the point of origin. We can objectively measure the actual experience of any user and pinpoint the root causes that prevent a consistent and positive experience.

Actual Experience is a listed-company on the London Stock Exchange (ACT). Our development headquarters are in Bath, UK, and we have offices in London, New York and Seattle. Actual Experience’s unique digital analytics as a service is founded on ten years of cutting-edge research at Queen Mary University of London.