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PULS

Pulsar Group PLC

Technology First-pass screen £54m
600/1000 Overall fit
AI beneficiary 35% 70
Operating leverage 25% 75
Valuation 25% 35
Downside protection 15% 52

First-pass take

AI-embedded SaaS for marcomms with core architecture (Lumina, Narratives AI, Crisis Oracle, CLEAR). 12% Adj. EBITDA growth, £7m cost reset complete; FY26Q1 EBITDA +56% YoY. 96% recurring revenue, growing ARR despite macro headwinds. Offset by reported losses, discretionary vertical, missing valuation data.

Flags

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