DILLISTONE GROUP PLC - Final results for the year ended 31 December 2025

Dillistone Group PLC’s final results for the year ended 31 December 2025 highlight a transformational investor update as the recruitment software provider pivots toward a new long-term buy-and-build growth strategy. Despite challenging recruitment market conditions, the Group delivered financial results in line with expectations, reporting revenue of £4.2m, adjusted EBITDA of £1.19m and an improved EBITDA margin of 28.3%, more than double the level achieved four years ago. Recurring revenue remained strong, supporting predictable cash generation, while operating cash flow increased 13% to £1.08m and annual cash burn reduced by 36%. The Company also strengthened its balance sheet through a £1.5m fundraising completed at a premium to market price, with proceeds supporting strategic acquisitions, future M&A activity and operational flexibility. Management highlighted strong momentum within its Talentis CRM platform, with annual contract adoption rising sharply and Q1 2026 delivering the business’s strongest order intake in three years. Dillistone confirmed plans to transition from a pure recruitment software business toward a diversified acquisition-led model focused on stable, cash-generative companies with scalable margins and long-term recurring revenues. The Group has also initiated a search for a new CEO to lead the next phase of expansion, supported by experienced buy-and-build investors and board additions with significant M&A expertise.