PCI Pal has signed a major telecom company as a strategic reseller. Expanding the channel partner ecosystem is a key strategic goal for the company, and following on from the February announcement of the signing of a different strategic reseller partnership, this provides further support to the company’s ambitious medium-term growth targets.

PCI Pal made good progress towards its strategic objectives in H126. As well as growing end-H126 annual recurring revenue (ARR) by 21% y-o-y (25% in constant currency, cc) and contracted ARR (CARR) by 18% (21% cc), the company strengthened its strategic partner ecosystem and saw strong sales pipeline growth, including opportunities in the enterprise market and North America. Net revenue retention (NRR) improved to 105% due to contract expansions. With the strong commercial momentum from H1 continuing into H2, the board is confident of delivering against its expectations for FY26 and we maintain our forecasts.

PCI Pal has signed a major new integrated reseller partnership with a leading global vendor of business communications, AI and customer experience technology. This adds a major player to PCI Pal’s roster of resellers, providing endorsement of its technology and access to the vendor’s global customer base. While we would not expect this agreement to have an immediate effect on revenue, it should provide support for the company’s medium-term growth targets and we maintain our forecasts.