📈 hSenidBiz Starts FY2027 with 28% YoY Revenue Growth & Profitability Turnaround

hSenid Business Solutions PLC reported strong Q1 FY2027 financial performance driven by its SaaS-led growth strategy and AI product enhancements. • Overall Financial Highlights: • Total Revenue: LKR 602.8 Mn (up 28% YoY) • Recurring Revenue: Contributed 75% of total revenue • Exit Annualised Recurring Revenue (ARR): US$ 5.7 Mn (up 26% YoY) • Gross Profit: LKR 321.8 Mn (53% gross margin) • EBITDA (excl. forex): LKR 81.4 Mn • Profit Before Tax (PBT): LKR 66.1 Mn (11% margin) • Net Profit: LKR 51.0 Mn (turnaround from a net loss in Q1 last year) • Key Operational & Sector Insights: • Sustained growth in the ICT/BPM and enterprise software sector through expanding recurring revenue models. • Advanced its HR tech offerings by introducing multi-agent orchestration capabilities to its _Lexi AI_ platform within the _PeoplesHR_ product ecosystem. • Future focus remains on expanding international key markets, accelerating Cloud ARR, and driving AI-powered HR technology solutions.