IntelliAM AI plc, listed on the challenge Aquis Exchange, has reported a rise in annual revenues.

The provider of AI-driven software solutions for the manufacturing and engineering sectors said group revenue grew by 35% to approximately £5.25 million for the year ended 31st March 2026.

Annual recurring revenue grew 100% to £1.65m.

It expects an adjusted EBITDA loss of £925k, ‘reflecting the material levels of investment during the period’.

Cash at year end was £100k, with short term receivables of £1.4m and undrawn overdraft facilities.