GetBusy Shares Jump 7% as SmartVault Growth Accelerates in H1

GetBusy (LON: GETB), the Cambridge-based AIM software company behind the SmartVault and Wórkiro document-workflow platforms, published unaudited results for the six months to 30 June 2026 earlier today. SmartVault, its US platform embedded in tax preparation software, saw annualised recurring revenue (ARR) growth accelerate to 22% year-on-year, lifting the whole group’s numbers.

Shares in GetBusy traded at 74p in early trade, up 7.2% from Friday’s close of 69p, within a 52-week range of 55.1p to 95p.

The acceleration pushed SmartVault’s EBITDA margin, its underlying profitability before tax, interest and non-cash charges, to 16% from 9% a year earlier. The improvement flowed through to the group level: total ARR rose 12% at constant currency to £24.0m, from £21.1m a year earlier, while Group Adjusted EBITDA climbed 40% to £0.6m. GetBusy still made an IFRS loss before tax of £0.4m, narrower than the £0.6m loss in the same period last year, reflecting seasonal cash absorption typical of the first half. Wórkiro, the group’s UK and ANZ professional services platform, stabilised, with ARR up 1% year-on-year.

Chief executive Daniel Rabie said SmartVault “is now firmly established as a leading platform and strategic control point in US tax preparation.”

Management guided FY26 SmartVault ARR growth to remain around 20%, ahead of prior market expectations, with EBITDA margin expected to move towards 20% for FY26 and further improvement in FY27.