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Commercial Metrics

Summary of commercial performance metrics for due diligence. Detailed underlying data available on request.

Headline (2025)​

Invoiced 2025
€848K
+145% YoY
Recognised revenue
€604K
+49% YoY
Top customers retention
92%
Gross, 2025 · 11 of 12 largest deals
Active markets
7
ES, PT, PL, BR, US, UK, DE

Revenue trajectory​

Operating revenue (management view), 2020-2025 actual and 2026 target. 2025 equals the audited net revenue (cifra de negocios, €604K); earlier years include other operating income, so the base differs slightly from the statutory figure on the P&L.

€22K
2020
€139K
2021
€197K
2022
€359K
2023
€405K
2024
€604K
2025
€878K
2026 forecast

Recognised revenue. Cumulative 2020-2025: €1,727K recognised (€2,045K signed).

The gap between signed contracts (€2,045K) and recognised revenue (€1,727K), ~€318K, reflects multi-year contracts that will be recognised in future periods.

Sales cycle (typical)​

Pharma & CRO
9-12 mo
ACV €50K-€150K / project
Repeat business, by new trial
Hospital / Public health
6-9 mo
ACV €20K-€60K / year
Annual recurring
Insurance
6-12 mo
ACV €40K-€150K / year
Annual recurring

Retention and expansion​

Retention is high, and the base expands in two distinct layers. This is the direct answer to "does the number include upsells?": on the recurring base through renewals and account growth, and in pharma through repeat programmes.

Recurring base · renewals + account expansion
Sanitas / BUPA: group renewal (Seguros + Hospitales), plus a framework contract that lets new BUPA-group countries join at the same terms, and additional licences in 2025. Lux Med (BUPA Poland) added Q3 2025.
Ribera Salud / Hospital de Torrejón: long-term, multi-hospital flagship.
Visiba Care: renewed.
Pharma · repeat business
Johnson & Johnson: master agreement (2025), committed through 2027, across multiple programmes (psoriasis Phase 3, Oncoderm Brazil, retrospective AD/Pso).
Boehringer Ingelheim: multiple programmes (sponsored app, GPPGA calculator, evidence webinar).
Eli Lilly: SALT and ASALT calculators.
CRO channel (ICON, Quantificare): one relationship opening multiple studies (Takeda, Sanofi, Visterra).

Gross retention on the recurring base is high; net revenue retention (NRR) is being measured, and the mechanisms above are what position the recurring base to expand.

Recent momentum (last 12 months)​

Q1 2025
ANVISA Brazil certification obtained
Q3 2025
Lux Med (BUPA Poland) deal closed: entry to Polish market and BUPA Europe network
Q4 2025
€499K invoiced (59% of full-year total: significant Q4 acceleration)
Q1 2026
ICON (top-5 CRO globally) contract signed
Q1 2026
7th peer-reviewed paper published (AGPPGA, JMIR Dermatology)
Q2 2026
8th & 9th peer-reviewed papers published (ALADIN + surface area measurement, Skin Health and Disease)

Pipeline (CRM snapshot)​

  • Open pipeline: €3.3M TCV across 260 opportunities (all stages, both revenue layers)
  • Forecast-weighted pipeline: €1.0M
  • New business 2026: €599K TCV (€366K won + €233K in active pipeline)
  • ~190 early-stage opportunities carry no amount yet
  • 2025 bookings (TCV signed): ~€903K
  • Live CRM data available on request
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Customers by segment
  • Headline (2025)
  • Revenue trajectory
  • Sales cycle (typical)
  • Retention and expansion
  • Recent momentum (last 12 months)
  • Pipeline (CRM snapshot)
All the information contained in this data room is confidential. The recipient agrees not to transmit or reproduce the information, neither by himself nor by third parties, through whichever means, without obtaining the prior written permission of Legit.Health (AI Labs Group S.L.)