Business
Full Year Results for Year Ended 31 December 2025
Huddled Group plc reported a significant 44% increase in revenue to £18,650,000 for the year ended 31 December 2025, alongside a substantial 20-fold growth in gross profit to £730,000, driven by a strategic focus on more profitable orders. The adjusted EBITDA loss narrowed to £2,625,000, with notable improvements in the Discount Dragon division where the EBITDA loss reduced by 58% to £649,000. Nutricircle revenue more than doubled to £5,034,000, and Boop Beauty revenue grew to £2,844,000 before a pivot to a Beauty Box model. The company also implemented a migration to THG Fulfil for improved operational efficiency and customer delivery. Disclaimer*
About this update from Huddled Group Plc
----3 The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the UK version of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time. Huddled Group plc ("Huddled", the "Company" or the "Group") Full Year Results for the Year Ended 31 December 2025 Huddled Group plc (AIM:HUD), the circular economy e-commerce business, is pleased to announce its audited full year results for the year ended 31 December 2025 ("FY2025"). Highlights · FY2025 revenue increased 44% to £18,650,000 (FY2024 restated for discontinued operations: £12,928,000). · FY2025 gross profit increased 20-fold to £730,000 (FY2024 restated for discontinued operations: £35,000). · FY2025 adjusted EBITDA loss narrowed to £2,625,000 in the period (FY2024 restated for discontinued operations: £2,939,000). · Discount Dragon revenue flat vs FY2024 but adjusted EBITDA loss narrowed to £649,000 in FY2025 (FY2024: £1,537,000 loss) due to focus on fewer but more profitable orders. · Nutricircle revenue increased to £5,034,000 (FY2024 since acquisition in April 2024: £1,644,000). · Boop Beauty revenue increased to £2,844,000 in FY2025 (FY2024 since launch in September 2024: £494,000). Decision to pivot to Beauty Box to be sold via Peeko website and marketplaces. Enquiries: For further information please visit www.huddled.com/investors, or contact: Huddled Group plc Martin Higginson Dan Wortley [email protected] Zeus (Nominated Adviser and Sole Broker) James Hornigold, George Duxberry Dominic King Tel + 44 (0) 203 829 5000 (Investment Banking) (Corporate Broking) Shard Capital LLP Erik Woolgar Alma Strategic Communications (Financial PR) Rebecca Sanders-Hewett Sam Modlin [email protected] Chairman's Statement Introduction We have grown revenue from £12.93m in 2024 to £18.65m in 2025 - a 44% increase. More importantly, gross profit grew from just £35k to £730k - a 20-fold improvement in a single year. This was achieved t...