Page 1

JASON KINGDON . CHAIRMAN & CEO . COMMENTED : " We are building a global software company and have made a great deal of progress in the year . The business demonstrated resilience and strength throughout the extraordinary events of 2020 , with strong retention and an acceleration in new business in the second half . We delivered revenue growth of 46 % in the year , and Blue Prism Cloud , our SaaS product , was a standout contributor , with an increase of 147 % in bookings in its first year as an integrated part of the Group , underpinning its strategic value as our enterprise customers look to cloud based deployments . We move into FY21 with a strong pipeline , underpinning our belief that intelligent automation is key to driving recovery across enterprises of all sizes . Our unique market focus on complex , enterprise - grade intelligent automation and access to cutting edge technologies via our Digital Exchange and partner network , generates significant ROI for our customers which is the foundation for us to benefit from long - term , value accretive relationships . " FINANCIAL HIGHLIGHTS Unaudited FY 2020 Unaudited FY 2019 as restated *** FY 2019 as originally presented £ 101.0m £ 96.8m Group revenue Share of recurring licence revenues Adjusted EBITDA loss * Operating loss Operating cash flow ■ 98 % £ ( 40.3 ) m £ ( 76.1 ) m £ ( 81.6 ) m £ ( 91.8 ) m £ ( 33.0 ) m £ ( 57.5 ) m Net cash ** £ 137.6m £ 74.1m * Adjusted EBITDA loss is EBITDA loss adjusted to exclude contingent share - based payments and exceptional expenses ** Cash includes cash on deposit classified as short - term investments . *** See financial information below for details of the FY19 restatement OPERATIONAL HIGHLIGHTS ■ ■ BLUE PRISM GROUP PLC ' BLUE PRISM ' OR ' THE GROUP ' UNAUDITED PRELIMINARY RESULTS FOR THE YEAR ENDED 31 OCTOBER 2020 ■ ■ ■ £ 141.4m 96 % 96 % £ ( 71.9 ) m £ ( 81.4 ) m £ ( 57.5 ) m £ 74.1m Revenues increased by 46 % to £ 141.4m ( FY19 : £ 96.8m restated ) , monthly recurring revenue ( MRR ) of £ 12.8m ( FY19 : £ 10.6m ) ( £ 1.1m from Blue Prism Cloud ( FY19 : £ 0.7m ) Strong improvement in cash generation , particularly in the second half , driven by business performance and aided by some benefit from pandemic - related savings Enterprise - grade product providing significant customer ROI , and increasingly seen as a strategic tool , drives long - term customer relationships 98 % gross revenue retention Closing customers of 2,031 ( FY19 : 1,677 customers ) 39 % of opening customer base upsold for more licences during the year Significant long - term commitments made - remaining performance obligation , which represents uture revenues under contract but not yet recognised as revenue , was £ 312m Increasing direct investment in product and R & D Continued broadening of technology partner ecosystem Additional resource accelerated development - 8 product updates launched including Blue Prism Accelerators for SAP ERP , Interact , Service Assist and Decipher Blue Prism continues to be ranked a strong market leader by industry analysts , including Gartner , Everest and Forrester 250,000 registered users , an increase of 97 % on the prior year Online marketplace ' Blue Prism Digital Exchange ' leverages 100 technology partnerships , now has 46,000 users , a 318 % increase from 2019 , and 1,800 assets 147 % increase in Blue Prism Cloud bookings , the market leader with 20 % share of the RPA SaaS market ( based on IDC market sizing ) The Board is pleased to announce the addition of two additional Non - Executive Directors , Maurizio Carli and Murray Rode , both of whom bring extensive international and US software experience .