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Eleco PLC on Tuesday said it anticipates to post a revenue jump for 2025, and adjusted profit ahead of market forecasts, as structural drivers in its markets ‘remain compelling.’ Shares in the London-based software provider focused on the construction and built environment sectors rose 17% to 154.00 pence each on late Tuesday morning in London. Eleco said it expects to report revenue of £38.8 million for 2025, up 20% from £32.4 million in 2024. Annualised recurring revenue jumped 29% to £34.3 million in 2025 from £26.6 million. Cash at December 31 was £16.3 million, 16% higher than £14.0 million a year prior. Chief Executive Officer Jonathan Hunter said: ‘Eleco delivered another year of strong performance in 2025, achieving growth across all key metrics. As a result, based on unaudited management accounts, revenue, cash and anticipated adjusted profit are ahead of market forecasts. The continued expansion of recurring revenue streams, alongside cost and cash management, reflects the effectiveness of our strategy and the value we are creating for customers across the built environment.’ He added: ‘Early 2026 will see the release of Asta Vision Plus, a new extension to the Asta Vision platform. The initial release introduces application programming interface-led capabilities that provide customers with structured access to project data to enable deeper integration with third-party systems, including specialist construction content platforms and general large language model based artificial intelligence systems. ‘Looking ahead, the structural drivers in our markets remain compelling. With our strong balance sheet, expanding customer base and clear strategic priorities, the board remains confident in Eleco’s prospects and its ability to deliver sustainable growth.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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