itim Group plc (LON:ITIM), a SaaS based technology company that enables store-based retailers to optimise their businesses to improve financial performance, has announced its audited results for the year ended 31 December 2025.
Financial Highlights
| • | Group revenue decreased by 2% to £17.5m (FY24: £17.9m) |
| • | Booked recurring revenue increased by 0.7% to £13.5m (FY24: £13.4m) |
| • | Recurring revenue represented 77% of Group revenue (FY24: 75%) |
| • | Annual recurring revenue (“ARR”) increased to £14.2m (FY24: £13.0m), representing annual growth of 9% |
| • | Group Adjusted EBITDA¹ of £1.7m (FY24: £2.5m) |
| • | Adjusted EBITDA¹ margin of 10% (FY24: 14%) |
| • | Loss before tax of £0.5m compared to a profit of £0.2m in FY24 |
| • | Adjusted loss per share² of (0.47) pence (FY24: 1.09 pence) |
| • | Basic loss per share of (0.81) pence (FY24: 0.64 pence) |
| • | Closing cash balances of £2.6m (FY24: £3.8m) |
¹ EBITDA has been adjusted to exclude share-based payment charges, exceptional items, along with depreciation, amortisation, interest and tax from the measure of profit.
² The profit measure has been adjusted to exclude exceptional items and share option charges.
Ali Athar, Chief Executive, commented:
“2025 was a year of resilience, investment and strategic progress for itim despite the challenging backdrop across the retail sector. Supported by our robust recurring revenue model, the Group continued to invest in its people, technology and international expansion, while also taking decisive action to reduce the annual cost base by over £1m. Our itim-UNIFY platform continues to provide retailers with a highly differentiated omni-channel solution that helps reduce complexity, improve productivity and drive profitability. Alongside this, we accelerated our geographic diversification strategy, broadening our addressable market and reducing reliance on UK retail spending cycles.
“We are also excited by the launch of itimAIQ, our new AI platform designed specifically for retailers. We believe AI will transform the sector and itimAIQ enables retailers to harness these opportunities securely while maintaining control of their customer relationships and data. With encouraging sales opportunities, continued innovation and growing interest in AI-led solutions, we enter 2026 with renewed confidence.”
Copies of the Annual Report and Accounts for FY2025 with the notice of annual general meeting have been posted to shareholders today and are available on the Company’s website www.itim.com. The annual general meeting of itim Group plc will be held at the offices of the Company, 2nd Floor, Atlas House, 173 Victoria Street, London SW1E 5NA on 15th June 2026 at 11.00 a.m.
