Netcall Plc – Final Results

Record order inflow and growing mix of SaaS contracts
  Netcall plc (AIM: NET), a leading customer engagement software provider, today announces its audited results for the year ended 30 June 2016.
  Financial Highlights   — Record order inflow in the year and trading in line with management expectations:

          — Significant double digit increase in total bookings
 
         — Growing share of sales mix from Software-as-a-Service (SaaS) contracts
 
         — Order book of contracted future minimum revenues increased by 22% to GBP15.0m (2015: GBP12.3m)
 
  — Annualised recurring core revenues(1) increased by 9% to GBP10.9m (2015: GBP10.0m)
 
  — Recognised revenue of GBP16.6m (2015: GBP17.2m) as a result of ongoing reduction in MovieLine business and the
      growing proportion of SaaS contracts
 
  — Adjusted EBITDA(2) of GBP4.46m (2015: GBP5.16m) as a result of previously announced investments and MovieLine
 
  — Profit before tax of GBP1.74m (2015: GBP2.35m)
 
  — Diluted basic earnings per share of 1.32p (2015: 1.85p)
 
  — Maintained strong cash conversion, with net cash generated from operations increased by 12% to GBP4.99m (2015:
      GBP4.44m)
 
  — Total research and development expenditure increased by 23% to GBP2.20m (2015: GBP1.79m)
 
  — Debt-free balance sheet with net cash funds of GBP14.1m (2015: GBP13.7m)
 
  — Final ordinary dividend of 1.1p and enhanced dividend of 0.95p proposed, making the total dividend 3.0p for the
      year, up 36%