Q1 Trading Update

In brief · summary, not quotable

Q1 FY26 revenue of £991,000 grows 40.3% year-on-year and 30% sequentially, approaching £1 million.

Q1 FY26 Revenue £991,000 (prior £706,194)
Year-on-year growth 40.3%
Sequential quarter-on-quarter growth approximately 30%
Registered users over 390,000

Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your TAP notes

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 announce a strong start to the current financial year ending 30 June 2026 with record revenues in the first quarter (Jul-Aug-Sep 2025) ("Q1 FY26"), driven by continued demand for Tap Group's services.

Unaudited revenues for the period are expected to be £991,000, representing year-on-year growth of 40.3% compared to the prior year period (Q1 FY25: £706,194). This performance demonstrates accelerating momentum, representing sequential quarter-on-quarter growth of approximately 30% compared to the final quarter of the previous financial year (Apr-May-Jun 2025).

This strong financial performance was underpinned by continued resilient revenues from the Company's core B2C retail offering, which provides a seamless digital experience consolidating cryptocurrency trading, money account management, and card payments, and serves a registered user base of over 390,000 individuals. Revenue for Q1 FY26 also includes a contribution from the Company's new B2B product, Bitcoin Treasury as a Service ("BTaaS"), which was piloted during the period and formally launched in October 2025. The BTaaS platform is an institutional-grade solution designed for publicly listed companies adopting Bitcoin as a primary treasury reserve asset, providing them with global liquidity, seamless fiat-to-crypto conversion, and comprehensive reporting.

Arsen Torosian, Chief Executive Officer, commented:

"I am delighted to report a record quarter for Tap Group, with quarterly revenues approaching the £1 million milestone. Growth of over 40% year-on-year, coupled with 30% sequential quarterly growth, demonstrates our accelerating momentum. Our B2C 'super app' continues to provide a resilient foundation, while our new B2B institutional arm is beginning to contribute. This is a strong start to the current financial year - our first since listing on AIM."

Tap Group's operating subsidiaries

LinkedIn: https://www.linkedin.com/company/tapglobal/

X: https://x.com/TapGlobalPlc

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