StatPro Group PLC

StatPro Group plc, (“StatPro”, “the Group”, AIM: SOG), the cloud-based portfolio analysis and asset
pricing services provider for the global asset management industry, provides a trading update for the
nine months ended 30 September 2018.

Revenue and profits continue to be in line with expectations for the current year.
In the 12 months to 30 September 2018, Group Annualised Recurring Revenue (“ARR”), increased by
3% to £54.8 million (September 2017: £53.1 million at constant currency), including the risk service of
ODDO BHF, which was acquired on 1 July 2018. Underlying ARR growth for StatPro Revolution
(excluding impact of acquired revenue and including conversions from StatPro Seven) was 16%.

The transition of the managed risk service of ODDO BHF to the Revolution platform is progressing
according to plan with a target date of 31 December 2018. Once migrated, the duplicate cost of thirdparty
software and data costs will be removed providing additional contribution to adjusted EBITDA.

The Group’s continued focus on fund administrators has resulted in a steady increase quarter on quarter
of new revenue from current fund administrator partners. As previously stated, the Board considers
that the market as a whole is trending towards outsourcing and StatPro is uniquely positioned to benefit
from this development due to its technology.

The migration of Delta is also progressing well. Delta clients will soon be able to add Revolution
functionality without needing to change any of their input or output files, reports or their GUI (Graphical
User Interface). Delta will be added to Revolution, which greatly expands the functionality for both
Delta and Revolution clients.

The recently announced contract win with a large South African financial institution is encouraging and
reflects the quality of the Infovest division. The Group expects the division to make steady progress
and provide a positive contribution to profits of the Group.

Justin Wheatley, Chief Executive, commented:
“Our flagship platform, Revolution continues to cement its position as the leading fintech
solution for performance and risk, with a special focus on the asset servicing sector. With
the addition of the risk service from ODDO BHF, we are well placed to augment our
capabilities in this area, especially in regards to fund administrators.

“The increase in functionality for Delta and the updated roadmap for its integration with
Revolution is a key milestone and importantly, it removes a decision point for clients of
Delta – they have warmly welcomed this development.

“As Revolution matures we continue to expect to see investment plateauing and an
increase in our margins.”

StatPro Group plc
Justin Wheatley, Chief Executive +44 (0) 20 8410 9876
Andrew Fabian, Finance Director

Panmure Gordon – Nomad and Broker
Corporate Finance – Freddy Crossley / Fabien Holler +44 (0) 20 7886 2500
Corporate Broking –James Stearns

Instinctif Partners
Adrian Duffield/Kay Larsen/Chantal Woolcock +44 (0) 20 7457 2020

About StatPro
StatPro is a global provider of award-winning portfolio analytics solutions for the investment community.
The Group’s cloud-based platform provides vital analysis of portfolio performance, attribution, risk and
compliance. This multi-asset class analytics platform helps StatPro’s clients increase assets under
management, improve client service, meet tough regulations and reduce costs.
The Group’s integrated and global data coverage includes over 3.2 million securities such as equities,
bonds, mutual funds, FX rates, futures, options, OTCs, sector classifications and much else besides.
StatPro also covers most families of benchmarks including MSCI, FTSE, Russell, NASDAQ and the open
source Freedom Index.
The Group has operations in Europe, North America, South Africa, Asia and Australia, with hundreds of
clients in 39 countries around the world.
StatPro has grown its Annualised Recurring Revenue from less than £1 million in 1999 to around £55
million at the end of September 2018. Around 80% of recurring revenues are generated outside the
UK. StatPro Group plc shares are listed on AIM.