Overview
UK SaaS retail tech firm's 2025 revenue was flat, EBITDA declined from prior year
Company posted loss before tax, impacted by a retail customer going into administration
Results below market expectations; cost base reduced by over £1m in second half
Outlook
Itim Group expects cost base reductions to benefit results in 2026
Itim Group expects lost revenue to be replaced by growth from customers and new prospects
Result Drivers
RETAIL SECTOR PRESSURE - Co said challenging UK retail environment, including cost inflation and weak macroeconomic growth, hurt retailer investment appetite
BAD DEBT IMPACT - Loss before tax was impacted by a bad debt from a retail customer entering administration
Company press release: ID:nRSR0449Xa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY EBITDA
GBP 1.70 mln
Analyst Coverage
The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 20 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)