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REGISTERED NUMBER: 11123448 (England and Wales)

| AUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 DECEMBER 2024 |

| FOR |

| CYBERCUBE ANALYTICS EUROPE LIMITED |

CYBERCUBE ANALYTICS EUROPE LIMITED (REGISTERED NUMBER: 11123448) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |  | to |  | 6

| CYBERCUBE ANALYTICS EUROPE LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2024

| DIRECTOR: | A L Hayman

| SECRETARY: | Oakwood Corporate Secretary Limited

| REGISTERED OFFICE: | 3rd Floor

| 1 Ashley Road

| Altrincham

| Cheshire

| WA14 2DT

| REGISTERED NUMBER: | 11123448 (England and Wales)

| AUDITORS: | Allens Accountants Limited

| Registered Auditors and

| Chartered Accountants

| 123 Wellington Road South

| Stockport

| Cheshire

| SK1 3TH

CYBERCUBE ANALYTICS EUROPE LIMITED (REGISTERED NUMBER: 11123448) |

BALANCE SHEET

31 DECEMBER 2024

| 31/12/24 | 31/12/23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 26,873 |  | 36,073 |  |

CURRENT ASSETS

Debtors | 5 | 534,135 |  | 549,136 |  |

Cash at bank | 222,216 |  | 575,782 |  |

756,351 |  | 1,124,918 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,161,814 |  | 1,233,134 |  |

NET CURRENT LIABILITIES | (405,463 | ) | (108,216 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (378,590 | ) | (72,143 | ) |

PROVISIONS FOR LIABILITIES | 7 | - |  | 9,019 |  |

NET LIABILITIES | (378,590 | ) | (81,162 | ) |

CAPITAL AND RESERVES

Called up share capital | 1 |  | 1 |  |

Retained earnings | (378,591 | ) | (81,163 | ) |

SHAREHOLDERS' FUNDS | (378,590 | ) | (81,162 | ) |

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 February 2026 and were signed by:

A L Hayman - Director

CYBERCUBE ANALYTICS EUROPE LIMITED (REGISTERED NUMBER: 11123448) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. | STATUTORY INFORMATION

| Cybercube Analytics Europe Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Going concern

| The financial statements have been prepared on a going concern basis.

| The Company incurred a loss for the year ended 31 December 2024 and, at that date, had net liabilities. The Company is dependent on financial support from its parent undertaking to meet its liabilities as they fall due.

| The director has prepared forecasts covering a period of at least twelve months from the date of approval of these financial statements. The parent undertaking has confirmed that it will provide financial support to the Company for at least that period.

| After making enquiries, the director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and therefore continues to adopt the going concern basis of accounting.

| Preparation of consolidated financial statements

| The financial statements contain information about Cybercube Analytics Europe Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured at the fair value of the consideration receivable and represents the total amount receivable by the company for services provided in the normal course of business, excluding value added tax and trade discounts. The following criteria must also be met before revenue is recognised:

| Rendering of services

| Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

| - |  | the amount of revenue can be measured reliably; |  |

| - |  | it is probable that the Company will receive the consideration due under the contract; |  |

| - |  | the stage of completion of the contract at the end of the reporting period can be measured reliably; and |  |

| - |  | the costs incurred and the costs to complete the contract can be measured reliably. |  |

| Other operating income

| Other operating income comprises amounts receivable from the Company’s parent undertaking in respect of management services and cost recharges. Income is recognised in the period in which the related services are provided and is measured at the fair value of the consideration receivable, net of value added tax.

CYBERCUBE ANALYTICS EUROPE LIMITED (REGISTERED NUMBER: 11123448) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 33% on cost and 25% on reducing balance

| Debtors

| Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest rate method, less any impairment.

| Cash and cash equivalents

| Cash and cash equivalents comprise of cash at bank and on hand, demand deposits, deposits with banks and other short term highly liquid investments with original maturities of three months or less and bank overdrafts. In the Balance Sheet, bank overdrafts are shown within borrowings or current liabilities.

| Creditors

| Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 26 (2023 - 20 ) .

CYBERCUBE ANALYTICS EUROPE LIMITED (REGISTERED NUMBER: 11123448) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

4. | TANGIBLE FIXED ASSETS

| Fixtures |  | Computer |

| & fittings |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024 | 9,806 |  | 65,757 |  | 75,563 |  |

| Additions | 157 |  | 12,123 |  | 12,280 |  |

| At 31 December 2024 | 9,963 |  | 77,880 |  | 87,843 |  |

| DEPRECIATION

| At 1 January 2024 | 4,527 |  | 34,963 |  | 39,490 |  |

| Charge for year | 1,779 |  | 19,701 |  | 21,480 |  |

| At 31 December 2024 | 6,306 |  | 54,664 |  | 60,970 |  |

| NET BOOK VALUE

| At 31 December 2024 | 3,657 |  | 23,216 |  | 26,873 |  |

| At 31 December 2023 | 5,279 |  | 30,794 |  | 36,073 |  |

5. | DEBTORS

| 31/12/24 |  | 31/12/23

£ | £ |

| Amounts falling due within one year:

| Other debtors | 36,600 |  | 36,600 |  |

| Deferred commissions | 314,590 |  | 252,703 |  |

| VAT | 21,947 |  | 27,775 |  |

| Prepayments | 44,257 |  | 60,802 |  |

417,394 |  | 377,880 |  |

| Amounts falling due after more than one year:

| Deferred commissions | 116,741 |  | 171,256 |  |

| Aggregate amounts | 534,135 |  | 549,136 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/24 |  | 31/12/23

£ | £ |

| Trade creditors | 53,490 |  | 27,791 |  |

| Amounts owed to group undertakings | 408,796 |  | 311,596 |  |

| Social security and other taxes | 137,967 |  | 120,041 |  |

| Other creditors | 650 |  | 9,311 |  |

| Deferred income | 355,944 |  | 367,919 |  |

| Accrued expenses | 204,967 |  | 396,476 |  |

1,161,814 |  | 1,233,134 |  |

CYBERCUBE ANALYTICS EUROPE LIMITED (REGISTERED NUMBER: 11123448) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2024

7. | PROVISIONS FOR LIABILITIES

| 31/12/24 |  | 31/12/23

£ | £ |

| Deferred tax

| Accelerated capital allowances | 6,718 |  | 9,019 |  |

| Tax losses carried forward | (6,718 | ) | - |  |

- |  | 9,019 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 9,019 |  |

| Provided during year | (9,019 | ) |

| Balance at 31 December 2024 | - |  |

8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Dean McMullan (Senior Statutory Auditor)

| for and on behalf of Allens Accountants Limited

9. | POST BALANCE SHEET EVENTS

| After the reporting date, the Company’s ultimate parent undertaking was acquired by an investment vehicle managed by Spectrum Equity as part of a wider group reorganisation. As a result, the Company became part of a new group structure.

| These events occurred after the reporting period and are considered non-adjusting events. Accordingly, they have not been reflected in the financial statements for the year ended 31 December 2024.

10. | ULTIMATE CONTROLLING PARTY

| At the balance sheet date, the Company was controlled by its immediate parent undertaking, Cybercube Analytics Inc., a company incorporated in the United States of America.

| Following an acquisition after the reporting date, the Company became part of a group controlled by an investment vehicle managed by Spectrum Equity.