⚠ financial report 2025 Q4 — board only — CONFIDENTIAL

Financial report 2025 Q4

Unaudited management accounts for Q4 2025. Line items, prior-period comparison and variance. Marked board-only; leaked from an open finance directory.

line_itemthis_periodprior_periodvariance
OpEx€321,051.31€1,399,503.87+13.1%
Cash€3,786,401.05$4,005,205.15+39.5%
EBITDA€4,191,619.33$4,171,862.30-1.2%
Revenue£4,207.62£151,439.24+32.1%
EBITDA£3,225,089.06€2,015,857.26-2.6%
Revenue$2,988,922.91$1,911,340.02-2.6%
COGS€1,441,437.51€3,405,254.16-27.0%
AR$936,845.74£111,030.71-13.0%
AR€262,359.68€1,022,852.28-27.5%
Revenue£3,860,804.50€3,510,430.16+42.9%
EBITDA£3,624,558.78€1,156,392.17-21.0%
EBITDA$1,050,476.46€2,646,766.97-16.4%

Other quarters: 2025 q1 · 2025 q2 · 2025 q3 · 2025 q4