Annual Reports & Interim Results

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

2020 Annual Report

Click below to download a PDF copy of the 2020 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

“Despite the challenges of the pandemic, 2020 has seen Osirium perform strongly. We added a record number of new customers, saw 99% retention among our existing clients, and expanded our network of channel partners both in the UK and overseas.”

We are pleased to report the Group’s results for the year to 31 December 2020, which demonstrate an effective response to the challenges faced during the period and a return to trading momentum through the second half. Despite this setback, we achieved a record Q4 for bookings, reflecting the return of demand for Osirium’s products and the stabilisation of our end-markets.

Our customer numbers grew 28% through a number of significant new contract wins, including against our largest competitors. We are also proud to have achieved 99% SaaS contract renewals from our existing customer base, the best possible endorsement for our proposition.

Investment for future growth remains a strategic priority for the Group. We have focused on product enhancements within our privileged access suite to drive value for our customers, and investment in our partner network during the year has expanded our addressable market. Home working has laid bare many of the risks to cybersecurity among organisations, and IT professionals have made PAM a priority to ensure their company data, privileged accounts and regular business processes remain secure.

DAVID GUYATT – CHIEF EXECUTIVE OFFICER
& SIMON LEE – CHAIRMAN

2020 Operational Highlights

Continuing Strong Performance:

  • Rapid and effective response to the pandemic, successfully pivoting to digital marketing and virtual events to drive new business.
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  • 28% increase in customer numbers with competitive wins against largest Privileged Access Management (“PAM”) players
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  • Customers signed across both the private and public sector including one of the UK’s largest NHS trusts, a major regional UK ambulance service, and a major UK communications provider.
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  • Substantial channel expansion in UK and across EMEA.
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  • First revenues from the Group’s Privileged Endpoint Management (“PEM”) product

Continuing Investment in the Business:

  • PAM capabilities have been strengthened through a number of enhancements, including built-in clustering of PAM servers to deliver high availability and resilience.
  • Osirium Automation (Privileged Process Automation), now includes an API for integration with external systems such as service ServiceNow, Task Scheduling, a built-in Task Builder, and a Resource Hub with pre-built “Playbooks.".
  • Osirium PAM now includes Osirium Automation and seen this drive considerable interest from both existing and new customers.
  • We have continued to develop the capabilities of Osirium PEM, our solution for Privileged Endpoint Management to include Privileged Process Monitoring.
  • In November 2020, Osirium was granted a patent by the US Patent and Trade Mark office for its ‘shadow authentication’ technology.
  • Following a strong H1 which saw 13 new partners signed up, we signed additional new partners in H2. The Group now has over 30 partners across the UK and several overseas territories.

Results Archive

Find our historical annual reports and interim results below.

2020 Annual Report

Click below to download a PDF copy of the 2020 Annual Report.

 

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..