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23 Sep 2025 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK MARKET ABUSE REGULATIONS. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN .
23 September 2025
Tap Global Group plc
("Tap Group" or the "Company")
Trading Update
Tap Group Announces 30% Revenue Growth
Tap Global Group plc (AIM: TAP), an innovative digital finance hub that brings money payments and crypto settlement services together in a single user-friendly app, is pleased to provide a trading update for the year ended 30 June 2025.
Revenues are expected to be approximately £3.44 million, an increase of 30% on the prior year. Tap Group's income for the year will be further boosted by approximately £0.42 million of other income from the recovery of Bitcoin announced on 30 May 2025. This performance reflects continued user growth and product momentum across the platform.
With the benefit of the Bitcoin income, and after stripping out one-off expenses associated with the AIM listing in June 2025 and non-cash share option expenses, the Directors expect Tap Group to be materially EBITDA positive for the full year.
Arsen Torosian, Chief Executive Officer, commented:
"I am delighted with Tap Group's performance in the financial year which ended recently, driven by crypto trading revenues, an expanding active customer base and a broadening of income streams. Tap Group is leading the way in providing a platform that allows both consumers and businesses to bridge the gap between traditional finance and blockchain technology and we have a number of exciting developments in the pipeline to propel growth in the current financial year and beyond."
Tap Group's FY2025 financial results will be announced in due course.
Enquiries:
Tap Global Group plc Arsen Torosian, Chief Executive Officer |
via Vigo Consulting |
SPARK Advisory Partners Limited (AIM Nominated Adviser) Andrew Emmott Angus Campbell | +44 (0)20 3368 3555 |
Tennyson Securities (Broker) Peter Krens Alan Howard | +44 (0)20 7186 9030 |
Vigo Consulting (Investor Relations) Ben Simons Peter JacobAmelia Thorn | +44 (0)20 7390 0230 tapglobal@vigoconsulting.com |
Investor website:
investor.tap.global
About Tap Global Group plc
Tap Global Group plc bridges the gap between traditional finance and blockchain technology. It offers over 390,000 individual and business customers an innovative and fully integrated fiat payments and cryptocurrency settlement service including access to several major cryptocurrency exchanges. Through the Tap app, customers can trade over 50 cryptocurrencies and store them directly in their customer wallet, while benefiting from proprietary AI middleware for real-time best-execution and pricing.
Tap Group's European business, Tap Global Limited, was the first cryptocurrency FinTech company to be approved by Mastercard in Europe. Through the Tap card, European users can convert their cryptocurrencies to fiat and spend at more than 37 million merchant locations worldwide.
Tap Group's operating subsidiaries
Tap Global Limited serves the European customer base and is registered in Gibraltar and licensed and regulated by the Gibraltar Financial Services Commission under the DLT with licence No. 25532.
Tap's Bulgarian subsidiary has been granted a VASP registration by the National Revenue Agency of Bulgaria in order to qualify for the EU MiCA regulations grandfathering provisions.
Tap Americas LLC serves the US customer base and is a limited liability company organised under the laws of the state of Florida. Cryptocurrency services are provided by Zero Hash, a Chicago-based B2B2C crypto infrastructure platform.
Follow us on social media:
LinkedIn: https://www.linkedin.com/company/tapglobal/
X: https://x.com/TapGlobalPlc
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