Slides
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Q1 FY27 Trading Update INVESTOR PRESENTATION – JUL 2026 → THREE MONTHS ENDED 30 JUNE 2026
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Three Key Measures INVESTOR RELATIONS PAGE 2 BLACKPEARL GROUP JUL 2026 KEY MESSAGES GROWTH (ARR) $27.2m 95% INCREASE YOY EBITDAF ($4.5m) NARROWING TO ($1-1.5M) IN Q3* TECHNOLOGY ADVANTAGE 26x PEARL ENGINE VS BEST GENERALIST AI FINANCIAL PERFORMANCE AS AT 30 JUNE 2026. 1M ARR 10M ARR 20M ARR 30M ARR 50M ARR Q1 (ACTUAL) Q2 (GUIDANCE) Q3 (GUIDANCE) PEARL ENGINE LEADING MODEL BEST GENERALIST *GUIDED EBITDAF FOR EACH QUARTER (NOT CUMULATIVE).
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30 JUN 2026 Q1 Existing Metrics INVESTOR RELATIONSBLACKPEARL GROUP JUL 2026 FINANCIAL PERFORMANCE AS AT 30 JUNE 2026. 1 APR 2026 TRANSITION NOTEARR PER EMPLOYEE Reported in parallel this quarter as the Group moves to its FY27 framework. $461k For Q1 FY27 75% INCREASE YOY, 33% QOQ CAC PAYBACK PERIOD DAAS REVENUE CHURN 6.3mo 1 cust. For Q1 FY27, previously 3.5 months in Q4 FY26. A deliberate trade for transition; normalising toward ~3.5 months. Retention high. One customer churned in the quarter. SAAS REVENUE CHURN 5.2% For Q1 FY27, previously 4.9% in Q4 FY26. Stable year-on-year. PAGE 3 ANNUAL RECURRING REVENUE $27.2m As at 30 June 2026. 95% INCREASE YOY, 2% INCREASE QOQ
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ARR Growth INVESTOR RELATIONS PAGE 4BLACKPEARL GROUP JUL 2026 ANNUAL RECURRING REVENUE (ARR) $27.2m ARR GROWTH YOY $14m → $27.2m 95% INCREASE YoY, 2% increase QoQ ARR NEARLY DOUBLED YoY Q1 FY26 Q1 FY27 Q1 FY22Q2 FY22Q3 FY22Q4 FY22Q1 FY23Q2 FY23Q3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 QUARTER, FY TOTAL ARR (NZD) ARR GROWTH
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Q1 FY27 (Actual) Q2 FY27 (Guidance) Q3 FY27 (Guidance) EBITDAF (NZD$M) Pathing the way to profitability INVESTOR RELATIONS PAGE 5BLACKPEARL GROUP JUL 2026 The why Flow through of ramped ARR Permanent cost savings from the B2B Rocket integration DIY/self-service via B2B Rocket and Bebop for SaaS customers AI automation in business operations and optimisation of infrastructure Streamlining of marketing spend and funnels -4.5 -$2.5m to -$3.0m -$1.0m to -$1.5m EBITDAF (NZD$M) - loss narrowing Guidance Range Earnings before interest, income tax, depreciation, amortisation and movements in financial instruments (EBITDAF). The Group calculates EBITDAF as loss before income tax, adjusted to add back finance costs, depreciation and amortisation, and to remove interest income and net movements in financial instruments. EBITDAF guidance is provided for each quarter and is not cumulative. EBITDAF is a non-GAAP financial measure.
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The Pearl Engine is our Moat INVESTOR RELATIONS PAGE 6BLACKPEARL GROUP JUL 2026 VS BEST GENERALIST AI 26x Without proprietary data more efficient on GTM-Bench. VS LEADING MODEL 6.6x with proprietary data more efficient on GTM-Bench. 0-10,000-20,000 0 10,000 20,000 30,000 RTSA (Pearl Engine) GPT-5.5 Web-only GPT-5.5 Claude Sonnet 4.6 Claude Opus 4.7 DeepSeek V4 Pro Gemini 3.5 Flash Kimi K2.6 26,615.63 -10,671.93 -15,402.3 Source: GTM-Bench net score for each evaluated system. Web-only GPT-5.5 denotes a GPT-5.5/Codex run restricted to web evidence, without structured data access. +400.07 + +4040.93 +1015.40 -2476.57 -3398.00 GTM-BENCH LEADERBOARD
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The Blackpearl Platform INVESTOR RELATIONS PAGE 7BLACKPEARL GROUP JUL 2026 LIVE WALK-THROUGH Our CTO, Sam Daish, will walk through the Blackpearl Patform. Watch live During this webinar session On-demand Replay available via same link https://us02web.zoom.us/webinar/register/WN_xC3T amdRTIiTSk8KO34AFAk
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Thank You Ad Astra BLACKPEARL GROUP PAGE 8INVESTOR RELATIONS APR 2026
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BLACKPEARL GROUP PAGE 9INVESTOR RELATIONS Q&A APR 2026