Business
FY25 Results, AGM Notice & Investor Presentation
The Smarter Web Company PLC reported a profit before tax of £2,835,848 for the year ended 31 October 2025, though this included one-off gains of £4,308,224, resulting in an adjusted loss before tax of £1,472,376. The company raised £225.2 million, comprising £209.4 million in equity and £15.8 million in Bitcoin-backed convertible notes, and held 2,660 Bitcoin valued at approximately £220 million at year-end, maintaining a strong balance sheet with no fiat debt. The company successfully transferred its listing to the Main Market of the London Stock Exchange in February 2026, aiming to enhance its profile and access a broader investor base. Disclaimer*
About this update from Smarter Web Company Plc
[{"type":"text","content":"\n\n20 February 2026\n \nThe Smarter Web Company PLC\n(\"The Smarter Web Company\" or the \"Company\")\nFull Year Results, Notice of AGM and New Investor Presentation\n \nThe Smarter Web Company (LSE: SWC | OTCQB: TSWCF | FRA: 3M8) is pleased to announce its audited full year results for the period to 31st October 2025, publication of its Annual Report and notice of Annual General Meeting, and a new investor presentation.\nFull Year Results Summary\n· £225.2 million raised, comprising £209.4m in equity capital and £15.8m in Bitcoin Backed convertible notes\n· 2,660 Bitcoin held at year end; 2,689 Bitcoin held as of 19 February 2026\n· Strong balance sheet with no fiat debt\nThe Group achieved a profit before tax of £2,835,848 for the year. Excluding one off gains and fair value adjustment credit of £4,308,224, the result would have been a loss before tax of £1,472,376.\nOperating Business and Growth Strategy \nThe Group's operating business has continued to perform in line with our expectations during the year. Our underlying operations are stable, and we remain confident in the long-term potential of the operating business.\nIn line with the Company's 10-Year Plan, acquisitions are a core pillar of our strategy to continue growing and strengthening the operating business. The Company is focused on selectively acquiring profitable, cash-generative businesses with recurring revenue that enhance our core capabilities and support a return to sustainable profitability.\nDuring the year, several opportunities were reviewed, and the Board continues to see an attractive pipeline of potential acquisitions that meet our criteria. The Company remains disciplined in its capital allocation, targeting transactions with clear strategic fit and attractive economics that support operating growth, enhance financial resilience across market cycles, and reinforce the Company's long-term objective of increasing Bitcoin per share.\nBitcoin Treasury Strategy \nAlongside our operating business, the Group's Bitcoin balance sheet continued to strengthen during the year as we executed on our treasury strategy with a focus on long-term Bitcoin per share growth. Insofar as the Board is aware, the Company remains the largest UK-listed public holder of Bitcoin and continues t...