Trading Update
Tap Global reports 30% revenue growth to £3.44m for FY2025 with expected material EBITDA positivity.
- Revenue £3.44 million (prior £2.65 million)
- Other income from Bitcoin recovery £0.42 million
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Tap Global Group plc (AIM: TAP), an innovative digital finance hub that brings money payments and crypto settlement services together in a single user-friendly app, is pleased to provide a trading update for the year ended 30 June 2025.
Revenues are expected to be approximately £3.44 million, an increase of 30% on the prior year. Tap Group's income for the year will be further boosted by approximately £0.42 million of other income from the recovery of Bitcoin announced on 30 May 2025. This performance reflects continued user growth and product momentum across the platform.
With the benefit of the Bitcoin income, and after stripping out one-off expenses associated with the AIM listing in June 2025 and non-cash share option expenses, the Directors expect Tap Group to be materially EBITDA positive for the full year.
Arsen Torosian, Chief Executive Officer, commented:
"I am delighted with Tap Group's performance in the financial year which ended recently, driven by crypto trading revenues, an expanding active customer base and a broadening of income streams. Tap Group is leading the way in providing a platform that allows both consumers and businesses to bridge the gap between traditional finance and blockchain technology and we have a number of exciting developments in the pipeline to propel growth in the current financial year and beyond."
Tap Group's FY2025 financial results will be announced in due course.
Tap Group's operating subsidiaries
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