Business
Trading Update
SEEEN plc reported a strong trading update for the year ended 31 December 2025, with revenue increasing 70% to $5.1 million, driven by a 71% rise in CSP revenues to $4.8 million and a 50% increase in technology revenues to $0.3 million. The company achieved a maiden annual positive Adjusted EBITDA of approximately $0.3 million and sustained monthly operating cash flow breakeven, with 90% of revenue from repeat and recurring sources. Gross profit doubled to $1.2 million, and the cash position stands at $1.4 million. The company signed its largest ever multi-year contract, expected to be worth up to $3.5 million annually, and anticipates continued growth in 2026 with an annualised revenue run-rate of approximately $6.8 million. Disclaimer*
About this update from Seeen Plc
[{"type":"text","content":"\n\nPrior to publication, the information contained within this announcement was deemed by the Company to constitute inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.\n \n \n\nSEEEN plc\n(\"SEEEN\", the \"Group\" or the \"Company\")\nTrading Update\n \nTrading in line with Full Year 2025 expectations\n \nSEEEN plc (AIM: SEEN), the Smart Video technology business that delivers AI-infused Key Video Moments to drive increased views and revenues across all video content, announces its unaudited trading and operational update for the year ended 31 December 2025 (\"FY2025\") together with its 2026 outlook. Revenue jumped 70% with operational gearing bringing cross-over to operating cash flow breakeven on a sustained basis. Operationally, a key driver for our technology offering remains a 9% average Clickthrough Rate, as opposed to industry standards of 1-2%, driving direct value for SEEEN's customers.\nHaving achieved a critical mass of referenceable customers and with 90% of our revenue from repeat and recurring sources with significant gains in both the CSP and Technology businesses, the Board believes the Company is well positioned to leverage its operational gearing in 2026 and beyond.\nFY 2025 Financial Highlights\n· Group revenue increased 70% to $5.1m (2024: $3.0m), SEEEN's second consecutive year of growth above 45%\no CSP (YouTube Creator Services Partner business, formerly Multichannel Network) revenues increased 71% to $4.8m (2024: $2.8m)\no Technology revenues up 50% to $0.3m (2024: $0.2m)\no Recurring and repeat revenues more than 90% of Group revenues\n· Gross profit doubled to approximately $1.2m (2024: $0.6m)\no Gross margin of 23.5% (2024: 21.2%), reflecting improved revenue mix\n· Maiden annual positive Adjusted EBITDA* of approximately $0.3m (2024: loss of $0.5m)\n· Achieved sustained monthly operating cash flow breakeven during the period\n· Cash position of approximately $1.4m (2024: $1.0m), providing flexibility for potential selective investment in earnings accretive partnerships\nOperational and St...