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17 September 2026 Fadel Partners , Inc. ( ' FADEL ' , the ' Company ' or , together with its subsidiaries , the ' Group ' ) Unaudited interim results for the six months ended 30 June 2026 Fadel Partners , Inc. ( AIM : FADL ) , a global leader in Al - driven brand compliance and licensing software , is pleased to provide its results for the six months ended 30 June 2026 , based on unaudited management accounts . Financial Highlights ⚫ Revenue for the first half of 2026 increased by 4 % to $ 4.8 million , compared with $ 4.7 million in H1 2025 . • License and support revenue increased by 25 % to $ 3.1 million ( H1 2025 : $ 2.4 million ) , reflecting the contribution from new customer wins and expansions secured during the second half of 2025. Annual Recurring Revenue ( " ARR " ) increased by 11 % year - on - year to $ 9.4 million at 30 June 2026 ( 30 June 2025 : $ 8.4 million ) , with net revenue retention of 104 % for the 12 months ended 30 June 2026. This growth more than offset the expected reduction in services revenue and contributed to total revenue growth of 4 % . ⚫ Gross profit increased by 28 % to $ 2.9 million ( H1 2025 : $ 2.3 million ) , with gross margin improving by 12 percentage points to 61 % from 49 % , reflecting the increased contribution from higher - margin license and support revenue together with realized efficiencies in the Group's services delivery structure . ⚫ Operating expenses decreased by 15 % to $ 4.1 million ( H1 2025 : $ 4.8 million ) , contributing to a 53 % improvement in adjusted EBITDA loss to $ 1.1 million ( H1 2025 : $ 2.4 million loss ) . Fadel Partners , Inc. ( AIM : FADL ) , a brand compliance and rights and royalty management software provider , provides its results for the six months ended 30 June 2026 , based on unaudited management accounts . FINANCIAL HIGHLIGHTS US Dollars ( $ M ) Change 1H26 1H25 FY25 % [ 5 ] Group revenue 4.8 4.7 12.6 4 % License and Support revenue [ 1 ] 3.1 2.4 8.2 25 % Services revenue [ 1 ] 1.8 2.2 4.4 -19 % Gross profit 2.9 2.3 8.1 28 % Gross profit margin ( % ) 61 % 49 % 64 % 23 % Operating Expenses [ 2 ] 4.1 4.8 9.5 -15 % Adjusted EBITDA [ 3 ] ( 1.1 ) ( 2.4 ) ( 0.7 ) 53 % Cash and Cash Equivalents ARR [ 4 ] 1.9 9.4 1.6 1.9 8.4 8.9 [ 1 ] Beginning with the 2025 year - end results , the Company's services revenue now includes revenue generated under recurring services subscription arrangements , rather than such revenue being included with license and support revenue . Prior periods have been reclassified for consistency . ( 2 ) Operating expenses comprise research and development costs and selling , general , and administrative expenses only , and exclude depreciation and amortization , interest , foreign exchange gains / losses , and other income / expense . [ 3 ] Earnings after capitalized commission costs and before interest , tax , depreciation , amortization , exceptional costs and share - based payments . [ 4 ] ARR represents the annualised value of recurring licensing subscription and support revenue from active customer contracts at the reporting date . Starting with 2025 year - end results , ARR includes only recurring licensing subscription and support revenue , excluding recurring services revenue . Prior periods have been reclassified for consistency . [ 5 ] Change % compares 1H25 and 1H26 . Percent change is calculated using non - rounded figures .