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Trading Update

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Pathos Communications PLC announced a strong trading update for the financial year ended 31 December 2025, expecting revenue of US$13.2 million and adjusted EBITDA of US$2.9 million, both ahead of market expectations. The company reported net cash of US$6.2 million as of 31 December 2025, following a successful fundraise and AIM admission in December 2025. Trading in the new financial year has also started well, with progress on proprietary AI tools, PathosMind and Pressella, and the onboarding of strategic partners expected to enhance business development.

Full announcement

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Pathos Communications, the multiple award-winning technology-enabled, human-led PR company, is pleased to announce its trading update for the financial year ended 31 December 2025 ("FY25").

The Company had a positive finish to the year and expects to report FY25 ahead of market expectations* with revenue of US$13.2 million (FY24: US$11.4 million) and adjusted EBITDA** of US$2.9 million (FY24: $1.9 million).

This financial performance was underpinned by strong volumes and the continuing evolution of the Company's product mix that includes an increased focus on securing articles in higher quality publications.

Net cash at 31 December 2025 was US$6.2 million following completion of the successful fundraise and admission to AIM in December 2025. Strong cash collections have continued since the implementation of enhanced processes and controls in the first half of FY25, with the amount of revenue invoiced in the second half of the year that has now been received or is not yet due totaling 94%. The very close relationship between revenue and cash collections is now embedded into the business model.

The Company is also pleased to report that trading in the new financial year has started well, driven by the Client Success team and proprietary AI-driven improvements to business development and service delivery. Progress on PathosMind and Pressella, the Company's proprietary AI tools, has continued, and as planned the Company will utilise some of the funds raised at the IPO to move these towards general availability.

Pathos is also currently in the process of onboarding multiple strategic partners, who are expected to significantly add to the already substantial internal business development capabilities through 2026 and beyond.

The Company expects to announce its inaugural audited results for the year ended 31 December 2025 in May 2026. The figures in this announcement remain subject to audit.

Omar Hamdi, CEO of Pathos Communications, commented: "We are pleased to report an excellent start to our life as a publicly listed company, with our strong financial performance in 2025 speaking for itself. Our listing has already provided us with access to a number of potential new partnerships and growth opportunities which we plan to embed during the coming months. I am excited and optimistic about the prospects of the Company in 2026 and beyond as we expand our reach and develop our technology on the journey to democratising PR for the world's 400 million SMEs. Our team is extremely driven and know exactly what they have to do to see this come to fruition."

Investor Presentation via Investor Meet Company

Pathos Communications will be providing a live presentation via Investor Meet Company on 4 February 2026, at 15:00 GMT.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 3 February 2026, 09:00 GMT, or at any time during the live presentation.

The presentation will be available to watch via: https://www.investormeetcompany.com/pathos-communications-plc/register-investor

Notes:

* Market expectations for FY25: Revenue of $12.5 million and Adjusted EBITDA of $2.7 million.

** Adjusted for normalisation of director fees prior to IPO and one-off non-recurring items.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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