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Actual Experience plc (AIM: ACT), the analytics-as-a-service company, is pleased to announce its preliminary results for the year ended 30 September 2019.

Highlights

• Revenue increased 79% to £1.93m (2018: £1.08m), largely as a result of the annualisation of the two large customer engagements secured in the prior year
• Reduction in loss for the year to £5.91m (2018: loss of £7.21m)
• Signing of two new 'land and expand' type customer engagements, signalling progress with our managed service offerings based on our analytics
• Successful evaluation by Vodafone of the deployment of our digital user software on their Universal Customer Premises Equipment (uCPE) hardware
• Expansion of an open purchase order ("PO") from one of our Channel Partners, following their confidence in our ability to deliver at scale and provide tangible benefits to their customers
• Completion of £3m Placing in July 2019, to support ongoing Channel Partner development.
• Active discussions towards partnership with potential new partners

Post-period end

• Partner led change of our go-to-market strategy from a managed services to a professional services approach, in order to initiate quicker and broader customer engagements

Dave Page, CEO of Actual Experience plc, said: "We have been working hard for over ten years to reach this point and to move into our next chapter of growth. The growing awareness of Actual Experience in the market, resulting in enquiries from potential new partners, and the acceleration of activity at Verizon in particular, along with the continual alignment of our business towards the professional services offerings of our partners, means that we head into 2020 with optimism for the potential of the year ahead."

Enquiries:

Actual Experience plc	via Alma PR
Dave Page, Chief Executive Officer Steve Bennetts, Chief Financial Officer
N+1 Singer Advisory LLP	Tel: +44 (0)207 496 3000
Shaun Dobson Lauren Kettle
Alma PR	Tel: +44 (0)203 405 0205
Caroline Forde, Josh Royston, Helena Bogle

About Actual Experience

Actual Experience's goal is to significantly improve the performance of the digital world.

The Company enables its partners to optimise their customers' digital ecosystem to increase productivity and enhance brand experiences through Human Experience Management.

Developed from 10 years of academic research and three patents, the Company's Human Experience Management Services, reports on the human experience of a digital service. The Company's service provides organisations with information on where the changes need to be made to ensure optimum levels of digital experience for customers and employees. This enables them to recover lost productivity, protect their brand reputation and make informed investment decisions.

Actual Experience is listed on the London Stock Exchange (AIM: ACT). Our corporate headquarters is in Bath, UK. Actual Experience's unique and patented digital analytics-as-a-service is founded on cutting-edge research at Queen Mary University of London.

For further information please visit www.actual-experience.com