📈 hSenidBiz Achieves Major FY2026 Turnaround with US$ 5.5M ARR

Sri Lankan ICT/BPM player hSenid Business Solutions PLC reported a significant operational turnaround for FY2026, driven by scaling subscription revenues. • Overall FY2026 Results: Full-year revenue grew 13% YoY to LKR 2.1 Bn. Profit Before Tax (PBT) improved sharply by LKR 313 Mn, narrowing the previous year’s loss to just LKR 8 Mn. Normalized EBITDA turned positive at LKR 200 Mn, with the margin expanding by 17 percentage points to 10%. • Q4 Performance: Q4 revenue rose 5% YoY to LKR 522.2 Mn, sustaining a PBT of LKR 7 Mn. New deal closures recovered strongly to US$ 843,395, while the company generated positive free cash flow. • SaaS & Recurring Revenue: Exit Annualized Recurring Revenue (ARR) reached US$ 5.5 Mn, up 32% YoY. Recurring revenues strengthened to 77% of total revenue in Q4, highlighting a resilient SaaS model. • Segment Highlights: The PeoplesHR Cloud segment delivered LKR 380 Mn in Q4, up 20% YoY (12% in USD constant currency), with subscription fees making up 87% of segment sales. • Strategic Context: Supporting national ICT/BPM exports and high-skill employment, the company expanded its product roadmap with 'Lexi Insights' AI analytics and won the NCE Gold Export Award for the 6th consecutive year.