Want to see GB:APTD full AI Analyst Report?
Top Page
Aptitude Software Group plc
(LSE:APTD)
Select Model
Select Model
Rating:61Neutral
Price Target:
280.00 p
▲(42.86% Upside)
Action:Reiterated
Date:09/30/26
The score is primarily supported by a solid balance sheet and positive free cash flow, alongside strong recent technical momentum. These positives are offset by contracting revenue and lower profits versus prior years, and a demanding valuation (high P/E with a modest yield).
Positive Factors
Conservative balance sheet
The company’s conservative financing, with substantially more equity than debt, provides financial flexibility for continued product investment and customer delivery. Low and stable leverage also limits interest-related pressure, supporting operational resilience and preserving room for disciplined capital allocation over the next several quarters.
Negative Factors
Two-year revenue contraction
Consecutive annual revenue declines indicate that Aptitude’s current growth trajectory has weakened rather than reflecting a single isolated period. Persistent top-line contraction can reduce operating leverage, constrain investment capacity and make it harder for the company to expand its enterprise software footprint.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
The company’s conservative financing, with substantially more equity than debt, provides financial flexibility for continued product investment and customer delivery. Low and stable leverage also limits interest-related pressure, supporting operational resilience and preserving room for disciplined capital allocation over the next several quarters.
Read all positive factors
Aptitude Software Group plc (APTD) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£144.48M
Dividend Yield0.7%
Average Volume (3M)52.57K
Price to Earnings (P/E)42.4
Beta (1Y)-0.43
Revenue Growth-9.87%
EPS Growth-22.86%
CountryUK
Employees317
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.06
Shares Outstanding54,521,065
10 Day Avg. Volume102,115
30 Day Avg. Volume52,571
Financial Highlights & Ratios
PEG Ratio-2.38
Price to Book (P/B)3.00
Price to Sales (P/S)2.51
P/FCF Ratio17.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.15
Revenue Forecast (FY)£72.70M
Aptitude Software Group plc Business Overview & Revenue Model
Company Description
Aptitude Software Group Plc provides information technology consulting services and software solutions. It provides a series of financial management software applications, which have the capability of processing complex, business event-driven tran...
How the Company Makes Money
Aptitude Software Group plc makes money primarily by selling and supporting its enterprise software products. Its revenue model typically consists of (1) software license revenue (where customers pay for the right to use Aptitude software, histori...
Aptitude Software Group plc Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
72
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 60.93M | 64.95M | 70.04M | 74.69M | 74.39M | 59.33M |
| Gross Profit | 42.92M | 36.18M | 33.51M | 34.11M | 21.09M | 18.73M |
| EBITDA | 11.57M | 11.24M | 10.75M | 10.00M | 8.64M | 9.06M |
| Net Income | 3.23M | 4.02M | 4.98M | 4.13M | 2.60M | 5.07M |
Balance Sheet | ||||||
| Total Assets | 96.81M | 106.38M | 114.78M | 119.41M | 118.19M | 117.25M |
| Cash, Cash Equivalents and Short-Term Investments | 21.08M | 29.56M | 30.40M | 34.09M | 29.25M | 29.06M |
| Total Debt | 7.57M | 8.34M | 10.12M | 11.40M | 13.35M | 12.94M |
| Total Liabilities | 46.38M | 52.17M | 56.87M | 59.10M | 57.65M | 60.06M |
| Stockholders Equity | 50.43M | 54.21M | 57.92M | 60.31M | 60.54M | 57.19M |
Cash Flow | ||||||
| Free Cash Flow | 7.67M | 9.49M | 5.17M | 10.39M | 2.36M | 10.69M |
| Operating Cash Flow | 8.52M | 10.23M | 6.77M | 10.99M | 3.19M | 11.92M |
| Investing Cash Flow | -853.00K | -736.00K | -1.23M | -319.00K | -831.00K | -34.34M |
| Financing Cash Flow | -10.14M | -9.86M | -8.98M | -5.11M | -3.79M | 7.04M |
Aptitude Software Group plc Technical Analysis
Positive
196.00
Price Trends
216.15
Positive
214.93
Positive
230.00
Positive
Market Momentum
10.88
Negative
67.52
Neutral
57.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:APTD, the sentiment is Positive. The current price of 196 is below the 20-day moving average (MA) of 232.75, below the 50-day MA of 216.15, and below the 200-day MA of 230.00, indicating a bullish trend. The MACD of 10.88 indicates Negative momentum. The RSI at 67.52 is Neutral, neither overbought nor oversold. The STOCH value of 57.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:APTD.
Aptitude Software Group plc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | £102.04M | 14.88 | 5.35% | ― | -1.05% | -2.05% | |
68 Neutral | £213.25M | 87.41 | 5.22% | 0.75% | 19.00% | -53.85% | |
64 Neutral | £147.05M | 16.94 | 8.80% | 2.37% | 3.82% | -18.43% | |
62 Neutral | £153.88M | -44.42 | -26.19% | ― | 47.75% | -308.39% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
61 Neutral | £144.48M | 42.38 | 6.17% | 0.70% | -9.87% | -22.86% | |
48 Neutral | £280.08M | 20.61 | 14.03% | ― | 6.65% | ― |
* Technology Sector Average
GB:APTD
Aptitude Software Group plc
256.00
-41.91
-14.07%
GB:ACSO
accesso Technology
303.50
-122.50
-28.76%
GB:DOTD
Dotdigital
51.00
-16.16
-24.06%
GB:NET
Netcall
125.00
1.06
0.85%
GB:AOM
ActiveOps plc
215.00
37.50
21.13%
GB:BIG
Big Technologies PLC
95.00
11.20
13.37%
Aptitude Software Group plc Corporate Events
Regulatory Filings and Compliance
Aptitude Software Reports No Share Issuance Under 2016 Incentive Schemes
Neutral
Sep 30, 2026
Aptitude Software Group plc has reported its latest six‑monthly block listing return for shares reserved under the Performance Share Plan 2016. Over the period from 28 March to 29 September 2026, no new ordinary shares of 7 1/3 pence were is...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Aptitude boosts Fynapse-led ARR as sale talks advance
Positive
Sep 16, 2026
Aptitude Software reported H1 2026 results showing total annual recurring revenue of £49.9 million, slightly down year-on-year, as deliberate scaling back of Assure services offset 12% growth in AI Autonomous Finance ARR to £20.1 million...
Executive/Board Changes
Aptitude’s Audit Chair Sara Dickinson Takes Parallel Role at Mulberry Group
Positive
Sep 14, 2026
Aptitude Software Group plc has announced that non-executive director Sara Dickinson, who serves as chair of its audit committee, has taken on an additional role at Mulberry Group plc. She has been appointed independent non-executive director and ...
Regulatory Filings and Compliance
Aptitude Software Updates Total Exercisable Voting Rights
Neutral
Sep 3, 2026
Aptitude Software Group plc has confirmed that, as of 31 August 2026, its issued share capital consists of 55,246,064 ordinary shares, each carrying voting rights, with 725,000 of these shares held in treasury. This leaves a total of 54,521,064 ex...
Business Operations and StrategyExecutive/Board Changes
Aptitude Software names Kenneth Paqvalén as new CFO to drive Finance ERP growth
Positive
Aug 11, 2026
Aptitude Software Group plc has appointed Kenneth Paqvalén as Chief Financial Officer and Executive Director, effective 21 September 2026, strengthening its senior leadership as it pursues growth in the emerging Finance ERP category. Paqval&#...
Regulatory Filings and Compliance
Aptitude Software Updates Share Capital and Voting Rights Figures
Neutral
Aug 3, 2026
Aptitude Software Group plc reported that as of 31 July 2026 its issued share capital consisted of 55,246,064 ordinary shares, including 725,000 held in treasury that do not carry voting rights. This leaves 54,521,064 exercisable voting rights, a ...
Business Operations and StrategyStock BuybackFinancial DisclosuresM&A Transactions
Aptitude lifts H1 profit as Fynapse-led shift offsets legacy churn
Positive
Jul 31, 2026
Aptitude Software reported improved operating profit for the first half of 2026 as it accelerated its transition to a higher-margin, software-led and partner-led business model built around its Fynapse Finance ERP platform. Annual recurring revenu...
Regulatory Filings and Compliance
Aptitude Software Updates Share Capital and Voting Rights
Neutral
Jul 1, 2026
Aptitude Software Group plc reported that as of 30 June 2026 its issued share capital consisted of 55,246,064 ordinary shares, including 725,000 held in treasury, resulting in 54,521,064 exercisable voting rights. The company highlighted that shar...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.