ActiveOps PLC (AIM:AOM) delivered a strong interim investor update, highlighting robust company performance, accelerating ARR growth, and continued momentum in new customer acquisition. Management reaffirmed the group’s medium-term ambition to reach £100m ARR and a 25% EBITDA margin, underpinned by a resilient SaaS model with 90% gross margins, high revenue visibility, and solid cash generation. For the first half, organic SaaS revenue grew 22%, with total ARR reaching £41m including £8.1m from the Enlighten acquisition; excluding M&A, ARR increased 27% year-on-year, supported by exceptional net revenue retention of 116% as enterprise clients expanded deployments and adopted the broader decision-intelligence suite. New business traction remained strong, following a record FY25, with five new logos in the period and additional wins post-half-year. Adjusted EBITDA margins improved to 9% despite continued investment in sales capacity and product innovation. The strategic Enlighten acquisition is progressing on plan, contributing ARR, expanding the addressable market, and unlocking cost synergies without adding debt. Management highlighted a significant growth runway, with £130m of expansion potential in the existing customer base and over £900m across target enterprise accounts - representing less than 4% of the company’s immediately reachable TAM. ActiveOps’ strategy focuses on scaling its sales engine, deepening customer penetration, expanding its partner ecosystem, and enhancing its AI-driven operational performance platform. With strong cash reserves, no debt, and improving operational leverage, the company expects sustained double-digit ARR growth into FY26 and beyond, underscoring a strengthening order book, expanding margins, and a clear path to long-term value creation.