BPG - Black Pearl Group

[HAWKDOG]

Dear Shareholders,

Blackpearl Group (NZX/ASX:BPG) advises that it will host an investor webinar at 12.30pm NZST (10.30am AEST) on Thursday, 28 May 2026, following the release of its FY26 full year results.

Chief Executive Officer Nick Lissette, Interim Chief Financial Officer Karen Cargill, and Chief Technology Officer Sam Daish will provide a presentation to discuss the Company's full year performance and key developments, followed by a live Q&A session.

Register here: https://us02web.zoom.us/webinar/register/WN_xJd4nTtrTPiMXOdvZB6u2A

If you'd like to submit questions in advance, please email simon@nwrcommunications.com.au, or you can ask questions live during the webinar using the Zoom Q&A function.

We look forward to having you join us.

Kind regards,

The Team at Blackpearl Group

[Left Field]

Here you go BPG fans.......call me old fashioned but I'm happy not to hold.

https://www.nzx.com/announcements/473446

FY26 Highlights
 
 • Record $26.8m ARR, up 114% from $12.5m at 31 March 2025
 • Pearl Engine benchmark: 25× more A-grade commercial records per dollar than leading generalist AI models; 87.3% output quality versus ~70%; 5× lower cost per quality record*
 • $13.7m subscription revenue, up 77% from $7.7m in FY25
 • 69% gross profit margin (FY25: 67.8%); fixed-cost data supply now fully in place
 • 3.5 months CAC payback, 33% improvement YoY; within Bessemer best-in-class range of 0–6 months
 • $346,000 ARR per employee, up 41% from $245,000 at Q4 FY25
 • Revenue churn: DaaS at 0% for the full year; SaaS at 4.9% (FY25: 5.3%)
 • B2B Rocket fully integrated into the Pearl Engine ecosystem; $1.8m of annualised cost synergies now identified for FY27
 • EBITDAF loss of $15.7m
 • $10.2m of one-off non-recurring costs – B2B Rocket acquisition, ASX listing, offer costs
 • $9.6m cash at 31 March 2026; BNZ NZ$5m facility refinanced to March 2028; ASX dual-listing completed November 2025