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ActiveOps plc

119%

NRR (Net Revenue Retention) of 119%, strong growth from existing customer base

23%

Organic SaaS Revenue growth of 23% (constant currency)

295%

Healthy operating cash conversion of 295%

The Cavendish View

ActiveOps is a Decision Intelligence software company that enables large enterprises to run service operations more efficiently by combining AI-driven analytics, operational data and workforce optimisation tools. The company's highly recurring SaaS revenues are driven by solutions that help customers release capacity, improve productivity and service levels, and generate measurable returns on operational performance.

ANDREW DARLEY

Head of Technology sector

Decision intelligence for service operations

ActiveOps provides a Decision Intelligence platform used by the service operations of large banks, insurers, healthcare administrators and business processing organisations. Its premise is that most operational systems record what technology does — workflows completed, tasks routed, cycle times — but not what people do. ActiveOps captures that effort data: where time goes, where capacity sits, and whether a change has genuinely reduced workload or simply moved it somewhere else.

The platform sits alongside existing systems rather than replacing them, ingesting data from whatever a customer already runs and converting it into a single view of work and time. That view is what customers use to decide where to target automation, to check whether the gains held, and to evidence to a board or a regulator that a transformation programme delivered what it promised. Customers typically unlock around a fifth more capacity in their first year.

Products span ControliQ for transactional processing teams, CaseWorkiQ for case management work, and WorkiQ for desktop activity analysis.

The Group employs 289 people across seven offices in the UK, Ireland, the United States, Canada, South Africa, India and Australia, serving 98 enterprise customers with more than 169,000 users in over 40 countries. It acquired Enlighten Group in June 2025, and is quoted on AIM.

Attending from ActiveOps plc

Richard Jeffery

Executive Chair

Emma Salthouse

Group CFO & Deputy CEO

Company descriptions are drawn from information published by each company and have not been independently verified by Cavendish. They are for information only, are not investment research, advice or a recommendation, and do not constitute an offer or invitation to buy or sell any security. Information is correct as at 10th September 2026 and will not be updated. Investors should refer to each company's own published announcements and accounts. Cavendish acts as adviser or broker to certain of the companies featured.

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Cavendish is a full service investment bank and trusted advisor to ambitious companies. The Company provides a range of services to both public and private companies, from equity raising in capital markets, to M&A, debt advisory and private growth capital.

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Company Reg No: 06198898

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London EC1A 7BL

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Birmingham B3 2PW

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