Blackpearl Group (ASX:BPG) has delivered its strongest single-quarter organic growth to date, reporting a 114% year-on-year increase in annual recurring revenue to reach $23.7 million for the third quarter ended Dec. 31, 2025.
This represents a 22% increase over the previous quarter, driven by the launch of its multi-venture growth model and the emergence of Data-as-a-Service as a high-retention revenue stream.
The group’s efficiency metrics showed improvement despite typical year-end seasonal headwinds in the US market.
The customer acquisition cost payback period sharpened to 3.9 months, while ARR per employee surged 21% to $306,000, signaling strong operating leverage as the company scales.
While SaaS churn saw a slight seasonal uptick to 8.3%, it remained lower than the same period last year, and churn within the DaaS segment remained at 0%.
CEO Nick Lissette highlighted the quarter as "strategically vital," noting that the company's recent ASX listing and the integration of B2B Rocket into the "Pearl Engine" data ecosystem have successfully attracted higher-value customers.
"We are entering 2026 with strong momentum," Lissette stated. "Our focus remains on scaling DaaS and progressing toward our next major milestone of $50 million ARR."