Annual Reports & Interim Results

You can find information and downloads on all Osirium reports and accounts on this page.

2019 Annual Report

Click below to download a PDF copy of the 2019 Annual Report.

 

Interim Results

Unaudited interim results for the six months ending 30 June 2020.

 

Interim Results Notice

Notice of interim results for the six months ending 30 June 2020.

David Guyatt

Continuing to build momentum and value

We are pleased to report the Group’s results for the year to 31 December 2019 which show strong financial progress in line with our operational objectives for the year. We experienced a step change in traction for our next-generation enterprise Privileged Access Security solutions with bookings, our key financial measure, growing 54% over the prior year to £1.82 million. Investment in our product range during the year has expanded our addressable market and we have established the right teams internally to springboard our growth strategy in the year ahead.

Our strategic focus on growing market presence through new contract wins and ‘land-and-expand’ orders from existing accounts, whilst maintaining 100% customer retention levels across the board, has driven the Group’s growth in the period. During the year we expanded our footprint within existing customer sectors, with a number of new business wins in the finance and NHS sectors, while also establishing a foothold in new verticals, including fleet management services and central government. As we win new business, we are becoming further entrenched in our customers’ organisations as our solutions touch end-users across all aspects of a business’s operations.

DAVID GUYATT – CHIEF EXECUTIVE OFFICER
& SIMON LEE – CHAIRMAN

2019 Operational Highlights

Continuing Strong Performance:

  • Significant increase in business performance with bookings up by 54% to £1.82 million (2018:£1.18 million), total revenues by22%, and deferred revenues by 89%
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  • Added new customers in established sectors such as finance and the NHS, as well as securing new accounts in fleet management services and central government
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  • Recorded first sale of our Privileged Process Automation offering, enabling customers to automate complex processes, delegate tasks to lower costs resources and clear operational backlogs
  •  
  • Clear illustrations of successful “land and expand” strategy with strong expansion and on-sell contracts
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  • Maintained 100% renewals with existing customers

Continuing Investment in the Business:

  • Grew and strengthened teams in engineering, sales, support, marketing
  • Expanded product portfolio to three solutions with the release of Privileged Process Automation and Privileged Endpoint Manager, opening up further revenue opportunities with both existing customers and new business prospects
  • Successfully completed a funding round of £4.78 million
  • Launched new website driving a significant increase in traffic and time spent on the new site

Results Archive

Find our historical annual reports and interim results below.

2019 Annual Report

Click below to download a PDF copy of the 2019 Annual Report.

 

Interim Results
2019

Unaudited interim results for the six months ending 30 June 2019.

 

Interim Results Notice
2019

Notice of interim results for the six months ending 30 June 2019.

Annual Report
2018

Click below to download a PDF copy of the 2018 Annual Report.

Interim Results
2018

Unaudited interim results for the six months ending 30 June 2018.

Interim Results Notice
2018

Notice of interim results for the six months ending 30 June 2018.

Annual Report
2017

Click below to download a PDF copy of the 2017 Annual Report.

Interim Results
2017

Unaudited interim results for the six months ending 30 June 2017.

Interim Results Notice
2017

Notice of interim results for the six months ending 30 June 2017.

Annual Report
2016

Click below to download a PDF copy of the 2016 Annual Report.

Interim Results
2016

Maiden unaudited interim results for the six months ending 30 April 2018..