Tribal Group Plc · LSE:TRB

Tribal — FY2025 Earnings Presentation

32 slides from Tribal's earnings presentation, Jun 4, 2026

  1. Slide 1: Final Results Presentation

    Final Results Presentation Agenda • Overview & Highlights • Financial Performance • Business Outlook • Q&A

  2. Slide 2: A leading provider of software and services to education institutions, globally

    Overview & Financial Business Appendix Highlights Performance Outlook Group overview For over 34 years, our solutions have been the trusted backbone of hundreds of education institutions, securely managing data, and A leading provider of software powering essential operations. and services to educat

  3. Slide 3: SIS: Building a strong EdTech SaaS business

    Overview & Financial Business Appendix Highlights Performance Outlook SIS: Building a strong EdTech SaaS business Extensive customer base Strong financial provides expansion foundations Growing ARR opportunity 14% 200+ Universities £63m 108% 65% of all UK Universities 86% £57m NRR 25% of all Aus & N

  4. Slide 4: FY25 – Delivering on our strategy

    Overview & Financial Business Appendix Highlights Performance Outlook FY25 – Delivering on our strategy 1 2 3 Positive trading, including Strong growth in Excellent uptake of new substantially improved cash Subscription & Cloud subscription model, Higher performance. Revenue demonstrates Education F

  5. Slide 5: Our software sits at the heart of our customers' digital estate

    Overview & Financial Business Appendix Highlights Performance Outlook From the moment a student applies… Core Academic & Market Market need & & the ourTribal advantage advantage Administrative Infrastructure Over 300m student interactions flow through our solutions each year Modernisation is essenti

  6. Slide 6: Market need & the Tribal advantage

    Overview & Financial Business Appendix Highlights Performance Outlook Market need & the Tribal advantage Our software sits at the Modernisation is essential, yet cost and complexity remain major barriers heart of our customers’ £ Around 40% of UK universities expect to operate in a deficit, with tui

  7. Slide 7: Our growth strategy expands our ecosystem and revenue opportunity

    Overview & Financial Business Appendix Highlights Performance Outlook Our growth strategy expands our Expand ecosystem and revenue opportunity SIS at the centre of the wider ecosystem Optimise Customer’s digital SaaS adoption, AI, partner Adopt estate in the cloud enablement, (e.g. Payments, wider A

  8. Slide 8: UK University Case Study: 25-year customer – Expand, Migrate, Empower

    Overview & Financial Business Appendix Highlights Performance Outlook IMPACT UK University Case Study: 25-year customer – Expand, Migrate, Empower Student numbers have grown 2023 3x to over 32,000 FTE Revenue £2.0m Expanded from core SITS to multi- GBP in millions product ecosystem, inc Tribal Cloud

  9. Slide 9: Transformation to AI-first

    Overview & Financial Business Appendix Highlights Performance Outlook Opportunities for improved experience and Transformation to AI-first greater operational efficiency Student/Customer Experience Product Development AI-driven functionality embedded AI tooling across all engineering Deploy AI where

  10. Slide 10: Financial Performance

    TRIBAL Financial Performance

  11. Slide 11: FY25: A Strong Group Performance

    Overview & Financial Business Appendix Highlights Performance Outlook FY25: A Strong Group Performance Adjusted EBITDA and margin % GBP in millions 19% 18% 17% £92.5m £17.5m 17.5 Revenue up 4.2% Adj EBITDA up 8.1% 16.2 14.4 £12.5m £11.4m 8% PBT up 135.8% Net cash up £14.6m 4.2p 142% 7.0 Cash Convers

  12. Slide 12: SIS Revenue Growth driven by subscriptions and cloud

    Overview & Financial Business Appendix Highlights Performance Outlook SIS Revenue Growth driven by subscriptions and cloud SIS Revenue GBP in millions 71.7 73.9 +3.1% 8.5 6.8 86% 8.2 Recurring revenue* Revenue Growth 9.4 (FY24:84%) 14.6 12.9 +13% 108% 15.6 23.2 NRR Cloud revenue growth (FY24:106%) 2

  13. Slide 13: ARR growth from up/cross-sell to existing customers

    Overview & Financial Business Appendix Highlights Performance Outlook ARR growth from up/cross-sell to existing customers ARR GBP in millions 2025 2024 CHANGE GROWTH GBP in millions 2.7 63.3 Subscriptions 30.6 16.6 14.0 84.5% 1.8 2.6 (0.9) Support & Maintenance 14.9 24.5 (9.6) (39.1%) 57.0 Cloud 15.

  14. Slide 14: Continuous Product Improvement

    Overview & Financial Business Appendix Highlights Performance Outlook Continuous Product Improvement • Following the successful development of new SaaS products (including Engage, Submissions and Admissions), product 29% 20% 20% development investment has reduced from its 2021 peak. 12.5 • Capitalis

  15. Slide 15: Substantial improvement in cash generation

    Overview & Financial Business Appendix Highlights Performance Outlook Operating Substantial improvement in cash generation activities Exceptionals Operating activities Exceptionals 24.7 Tax, leases, PPE Product Development £16.1m (2.4) Capex Financing Free cash flow (2.9) & Forex * Dividends Closing

  16. Slide 16: Etio: Strategic focus ready for the future

    Overview & Financial Business Appendix Highlights Performance Outlook Etio: Strategic focus ready for the future GBP in millions 2025 2024 CHANGE GROWTH Becoming a trusted partner for improving education globally Government Services 15.8 14.8 1.1 7.2% (UK, US, ME) ✓ International education services

  17. Slide 17: Key takeaways

    Overview & Financial Business Appendix Highlights Performance Outlook Key takeaways 1 2 3 4 Significant ARR Growing EBITDA ETIO margin Strengthening growth margin rebound cash position ARR up 11% to Group EBITDA of Etio margin of £11.4m of net cash £63.3m £17.5m, 18.9% £3.0m Strong cash 86% High qua

  18. Slide 18: Growth strategy & opportunity

    Growth strategy & opportunity

  19. Slide 19: Our growth strategy expands our ecosystem and revenue opportunity

    Overview & Financial Business Appendix Highlights Performance Outlook Our growth strategy expands our ecosystem and revenue opportunity Expand SIS at the centre of Optimise the wider ecosystem Adopt Customer’s digital Higher Education estate in the cloud SaaS adoption, AI, partner enablement, (e.g.

  20. Slide 20: Extensive customer base provides considerable SAM

    Overview & Financial Business Appendix Highlights Performance Outlook Extensive customer base provides considerable SAM NEXT Migrate customers to the Tribal Cloud Growth AI automation NEAR TERM Partner monetisation ARR Product expansion c £84m through development & acquisition Approx. ¾ of client ba

  21. Slide 21: Drivers for continued success

    Overview & Financial Business Appendix Highlights Performance Outlook Drivers for continued success Momentum 1 Strong market tailwinds ✓ Two upgrades to expectations in 2025 Increasing demand for digital transformation that is cost-effective and fully supported to attract, engage and retain students

  22. Slide 22: Questions & Answers

    TRIBAL Questions & Answers

  23. Slide 23: Appendix

    TRIBAL Appendix

  24. Slide 24: Modular Solution as-a-service: Unlocking the Composable Campus

    Modular Solution as-a-service Unlocking the Composable Campus Tribal Open Intelligence AI Fabric Layer Grounded in higher education context, building on our experience of process and data Functional capabilities Student Admissions Enrolment Student Recruitment Management Management Finance Modular A

  25. Slide 25: Our Leadership Team

    Overview & Financial Business Appendix Highlights Performance Update Our Leadership Team TRIBAL BOARD EXECUTIVE LEADERSHIP TEAM RICHARD LAST MARK PICKETT DIANE MCINTYRE MARK PICKETT DIANE MCINTYRE TAWFIQ SLEETT CHAIR CHIEF EXECUTIVE OFFICER CHIEF FINANCIAL OFFICER CHIEF CUSTOMER OFFICER CHIEF EXECUT

  26. Slide 26: Our solutions are at the core of the student lifecycle

    Overview & Financial Business Appendix Highlights Performance Outlook Our solutions are at the core of the student lifecycle, sitting at the heart of our customers’ digital estate

  27. Slide 27: Preparing for the future: Higher Education Full-Service

    Overview & Financial Business Appendix Highlights Performance Outlook Preparing for the future: Higher Education Full-Service… ✓ INCREASED ARR: New subscription pricing model delivering increased recurring revenue and simplified contracting. ✓ INCREASED RETENTION: Core strategic products and service

  28. Slide 28: Financial Definitions

    Overview & Financial Business Appendix Highlights Performance Update FINANCIAL DEFINITIONS TERM DEFINITION Constant Currency Prior year reported results restated to “constant currency” using current year rates to exclude foreign currency impact. Operating profit of continuing operations which exclud

  29. Slide 29: SIS: Subscriptions and Cloud driving revenue and margin growth

    Overview & Financial Business Appendix Highlights Performance Outlook SIS: Subscriptions and Cloud 108% 95% driving revenue and margin growth NRR GRR 2025 2024 CHANGE GROWTH Subscriptions 23.2 15.6 7.5 48.2% Support & Maintenance 21.1 25.3 (4.2) -16.6% CORE REVENUE CLOUD REVENUE Foundation Cloud Ser

  30. Slide 30: Trusted by a portfolio of tier-one government and education clients

    Trusted by a portfolio of tier-one government and education clients to measure and improve the quality of education Etio organises its expertise into four propositions, which allow multiple mechanisms for creating customer value Government-procured service delivery contracts Large scale national or

  31. Slide 31: An exceptional delivery track record creates lasting change and real impact

    An exceptional delivery track record creates lasting change and real impact wherever we work

  32. Slide 32: www.tribalgroup.com

    www.tribalgroup.com RESTRICT - TRI-MKT-DOC-265

Tribal Group — FY2025 Earnings Presentation on 6ix