Business
Interim results for the six months to 30 June 2025
Aurrigo International PLC reported interim results for the six months ended June 30, 2025. Revenue was £3.5 million, a decrease from £3.9 million in H1 2024, although the Autonomous division saw a 41% increase to £1.1 million. Automotive revenues were £2.36 million, down from £3.1 million. Gross profit increased to £1.5 million, with gross margin improving to 42.3%. The adjusted EBITDA loss was £1.6 million, compared to £1.2 million in H1 2024. Net cash remained stable at £1.8 million. Post-period, the Group completed a £14.1 million fundraise. The company enters the second half of 2025 in line with revised board expectations. Disclaimer*
About this update from Aurrigo International Plc
[{"type":"text","content":"\n\n29 September 2025\n\nAurrigo International plc\n(\"Aurrigo\" or the \"Company\")\n \nInterim results for the six months to 30 June 2025\n \nAurrigo International plc (AIM: AURR), a leading international provider of autonomous transport technology solutions, reports its interim results for the six months ended 30 June 2025.\n\n\nAuto-Cargo® and Auto-DollyTug®\n \nFinancial highlights \n \n\n\n\n\n· \n\n\nRevenue of £3.5m (H1 24: £3.9m), comprising:\n\n\n\n\n\n\n\no 41% growth in Autonomous division revenues to £1.1m (H1 24: £0.8m) driven by new deployments and contract progression.\n\n\n\n\n\n\n\no Automotive revenues of £2.36m (H1 24: £3.1m), performing well in Q1 but reflecting impact of production volatility stemming from US tariff changes in Q2.\n\n\n\n\n· \n\n\nGross profit increased to £1.5m (H1 24: £1.4m), with gross margin improving to 42.3% (H1 24: 35%), a result of the increased revenue weighting towards the higher margin Autonomous division.\n\n\n\n\n· \n\n\nAdjusted EBITDA loss of £1.6m (H1 24: £1.2m), reflecting scale-up investment in Autonomous teams to support delivery and product development.\n\n\n\n\n· \n\n\nNet cash of £1.8m at 30 June 2025 (30 June 2024: £1.8m). Since the period end, the Group has completed a fundraising of £14.1m, as first announced on 27 August 2025.\n\n\n\n\n \nOperational highlights\n\n\n\n\n\n· \n\n\nThe Autonomous division made solid progress during the period and continued to move forward across key areas:\n\n\n\n\n\n\n\no Auto Cargo® was launched, the Group's largest autonomous aviation vehicle to date, developed in collaboration with UPS.\n\n\n\n\n\n\n\no Three-year partnership signed with Swissport International AG to deploy Auto-Sim® at Zurich Airport and trial an Auto-DollyTug®, due for delivery soon.\n\n\n\n\n\n\n\no Following successful trials at Amsterdam Schiphol, Aviation Solutions B.V. formally approved Auto-DollyTug® and Auto-Sim® for recommendation across a network of more than 60 airports.\n\n\n\n\n\n\n\no Commercial interest continues to grow with recent trials and live deployments providing strong reference points for global partners and supporting the progression of potential customers through the Group's commercial p...