Notice of Results and Trading Update

Rosslyn (AIM: RDT), the provider of a leading cloud-based spend intelligence platform, announces that it expects to publish its final year results for the ended 30 April 2025 ("FY 2025") on Monday 27 October and also provides the following update on trading.

Further to the Company's trading update on 19 June 2025, Rosslyn now expects to report FY 2025 revenue of £3.0m (FY 2024: £2.9m) and adjusted EBITDA loss of £2.0m (FY 2024: £2.5m loss). Following progress of the Company's audit process, the Company agrees with the audit judgement regarding the timing of revenue recognition of £0.3m of the development work for Rosslyn's Major New Client. The recognition of this revenue has been deferred into FY 2026 and FY 2027 and will, therefore, have a positive impact on the Company's financial performance in those respective years.

Rosslyn entered the new financial year to 30 April 2026 in a better position than at the same point of the prior year, with a strengthened balance sheet, stable customer base, expanded pipeline and having successfully delivered the first phase of a significant project with the Major New Customer, one of the world's largest companies. While meeting management's expectations for the year remains sensitive to the timing of securing new contracts, including the rollout to other departments with the Major New Customer, and with the sales cycles for converting large enterprise opportunities often being protracted, the Board is pleased to report that trading was in line with expectations for the first quarter of FY 2026.

Capitalised terms, unless otherwise defined, have the meaning given to such terms in the trading update on 19 June 2025.