Mining software company RPMGlobal says its subscription licence sales climbed 33.6% to A$100.7 million in its fiscal 2025 year and it had $200 million of pre-contracted revenue booked at the end of the period, up 24.2% on the same time last year.
The Australian Securities Exchange-listed RPMGlobal, which has a current market value around $700 million (US$450 million), is the largest publicly traded mining software company in the world.
Scotland’s Weir Group this year paid US$800 million for Australian mining software firm Micromine, following on from Sandvik’s circa-$645 million acquisition of Australia’s Deswik in 2022. Craig Charlton, CEO of Accel-KKR-backed Quartex (formerly INX K2fly), said recently the company was keen to expand internationally via M&A and organic growth.
US-based Bentley Systems, Canada’s Constellation Software, Sweden’s Hexagon and mining equipment manufacturers Epiroc, Hitachi Construction Machinery and Komatsu, are others that have established digital footprints in mining.
Australia’s Maptek is the largest privately-owned mining software company left in this landscape.
RPMGlobal said in February this year it was selling its foundational mining consulting business to UK-based SLR Consulting for A$63 million.
It said this week full-year software contract sales (total contract value) in the year to June 30, 2025, totalled A$100.8 million, up 30.9% on the previous 12 months. Annual recurring revenue as of July 1 was reported as $69.1 million, including $62.8 million of subscription fees and $6.3m of maintenance. RPMGlobal said its mainly USD subscription income was negatively hit at the time of reporting by a sharp drop in the value of the USD versus the Australian dollar.
It described the $200m of pre-contracted software sales as “non-cancellable software revenue which will be recognised in future years”.
RPMGlobal’s audited FY2025 results are expected to be reported next month.
