Revenue

Relay · all plans · GBP

MRR£52.3k▲ 5.0% vs Sep
Net new MRR£2.5k▲ £0.2k
Logo churn1.8%▼ 0.3 pts
ARPA£118▼ £2

Monthly recurring revenue

+84% in 12 months
£20k£40k£60kNovDecJanFebMarAprMayJunJulAugSepOct

October movement

New+£3.1k
Expansion+£1.2k
Contraction−£0.4k
Churn−£1.4k

Net revenue retention is 104% over the last 12 months.

Cohort retention

% of customers still paying, by signup month
CohortCustomersM0M1M2M3M4M5
May 2026212100%82%74%70%67%65%
Jun 2026240100%85%77%72%69%
Jul 2026268100%84%79%75%
Aug 2026251100%88%81%
Sep 2026290100%86%
Oct 2026312100%