Microlise Group plc
LLSE:SAAS68.50
GBX
-1.00
(-1.44%)
ISIN
GB00BLR8L223
Return %
Stock
S&P 500
1Y
-39.38
14.20
3Y
-39.11
81.12
5Y
-65.75
68.34
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Nadeem Raza
- Full Time Employees
- 800
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Farrington Way Eastwood NG United Kingdom NG16 3AG
- IPO Date
- Jul 22, 2021
- Website
- microlise.com
- Similar Companies
- Business
- Microlise Group plc is a United Kingdom-based provider of Software as a Service (SaaS) technology solutions specializing in fleet management and industrial Internet of Things (IIoT) for the transport and logistics industry. Founded in 1982 and headquartered in Nottingham, UK, the company operates globally with offices in Europe, India, and Australia. Microlise offers a comprehensive portfolio of products and services including fleet telematics solutions such as fleet tracking, fleet utilization, driver performance monitoring, driver communications, trailer telematics, and temperature monitoring. Its safety, health, and compliance offerings cover fleet safety management, multi-camera vehicle systems, AI distraction cameras, tachograph management, bridge strike warning, and vehicle health monitoring. The company further provides journey management products including schedule and route management, planning and optimization, customer communications, workforce and resource management, along with delivery management solutions featuring electronic proof of delivery and sub-contractor management. Additional services encompass distribution and remote asset management, and predictive maintenance. In the past two years, Microlise has announced multiple strategic updates including a refreshed go-to-market strategy designed to enhance profitability and sustainable growth. In 2025, the company implemented cost-saving and efficiency measures amounting to annualized savings of approximately £4 million, including a workforce reduction of about 10%. The firm experienced delays in key customer projects impacting short-term profitability but maintained a robust base of annual recurring revenues and a strong balance sheet. Microlise also appointed a new Chief Technology Officer, signaling a continued focus on technological advancement. The company strengthened its product suite with new launches geared towards expanding customer acquisition and upsell opportunities while partnering with HaulageHub to help haulier customers reduce emissions and empty running. Despite recent profit warnings due to slower sales, Microlise remains focused on leveraging its extensive technology to support transport, logistics, light commercial, defense, security, plant, agriculture, and OEM sectors across the UK, Europe, and internationally. The company serves approximately 400 enterprise clients worldwide and holds a market-leading position particularly in the grocery and foodservice sectors in the UK where it supports major grocery retailers. Microlise Group plc's industry segments include transport and logistics technology, with core markets encompassing fleet operators, manufacturers, and a wide range of commercial fleet users. Its solutions enable businesses of all sizes to improve operational efficiency, safety, compliance, and customer service through its scalable and integrated SaaS platform. The company balances longstanding expertise with innovation in telematics, journey management, and supply chain optimization to maintain its leadership role in the global transport technology market.