hSenidBiz achieves profitability milestone View(s):hSenid Business Solutions PLC (hSenidBiz) has announced its financial results for the third quarter of FY2026, marking a transformative period as the company achieved profitability and surpassed the US$ 5 million exit Annualized Recurring Revenue (ARR) milestone. Subscription revenues comprised 86 per cent of the segment, reflecting the strength of the company’s recurring revenue model. Recurring revenues contributed 73 per cent of total revenue, reinforcing the quality and sustainability of the company’s revenue base. The company achieved an ARR of $ 5.2 million, marking a significant milestone in the company’s journey as a leading HR technology provider in emerging markets. Commenting on the quarter’s performance, Founder and Chairman Dinesh Saparamadu stated, “Achieving the $ 5 million ARR milestone validates the progress we have made in building a sustainable, recurring revenue-led business.

Source: Sunday Times February 15, 2026 04:47 UTC