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Aptitude Software Group PLC on Wednesday said it is exploring a potential sale of the business as part of a strategic review, as it reported a decline in both revenue and profit for 2025. The London-based finance software firm reported £4.6 million in pretax profit for 2025, down 17% from £5.6 million in 2024. Driving the weaker earnings was a 7.3% top-line contraction, as revenue fell to £65.0 million from £70.0 million. Aptitude attributed the decline to lower levels of non-recurring implementation activity amid its transition towards a more partner-led delivery model. Recurring revenue remained ‘broadly stable’, falling 1.0% to £49.8 million at December 31 from £50.3 million a year earlier. Aptitude declared a final dividend of 3.60 pence per share, flat on-year, bringing its total dividend to 5.40p, also flat. The company said it has decided to undertake a strategic review of options available, with this including the launch of a formal sale process. Aptitude said this decision has received support from some major shareholders in the firm. The company explained that it believes further resources are now required in order to advance the adoption of its technologies, namely Fynapse, and to operate at greater scale. Fynapse is the company’s data management and accounting platform. Aptitude on Wednesday reported two new contract wins for Fynapse, worth a combined £1 million, with a ‘leading’ but unnamed UK telecommunications provider and an unnamed global insurance brokerage and financial services firm. ‘In an environment where AI is accelerating the adoption of autonomous, best-of-breed software, the board believes there is a clear opportunity to drive faster growth and adoption of Fynapse,’ said Aptitude. Aptitude said the review will cover a range of options and outcomes. These include raising equity capital, finding a strategic partner, the sale of its eSuite and/or IFRS Rules compliance engines, the sale of the company as well as ‘the continued review of the group’s strategy, cost base and allocation of cash resources’. Following the initiation of the review process, Aptitude said it has suspended its ongoing share buyback programme, and extended the tenure of Non-Executive Chair Ivan Martin who was due to step down following this year’s annual general meeting. The company said it is appropriate for Martin to remain in his role until the review is concluded. Looking ahead, Aptitude said it is focused on enhancing its position within the emerging Finance ERP market, deepening partner-led execution as well as ensuring investment is targeted at the ‘highest-value opportunities’. Shares in Aptitude were up 2.3% at 224.00 pence on Wednesday morning in London. ‘We have made strong progress over the past year, refining our positioning, strengthening our go-to-market approach and building momentum behind Fynapse,’ said Chief Executive Alex Curran. ‘As we look ahead, our focus is on scaling this opportunity. The strategic review we have initiated is an important step in determining the best way to accelerate our progress and support the next phase of growth...We are building a more focused, scalable and efficient business, underpinned by strong fundamentals, and positioned to play a leading role in the future of AI-first finance.’ Copyright 2026 Alliance News Ltd. All Rights Reserved.
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