REG - Silver Bullet Data - Trading Update

Silver Bullet Data ServicesAnnouncement

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RNS Number : 3542V  Silver Bullet Data Services Grp PLC  05 March 2026

5 March 2026

Silver Bullet Data Services Group plc

("Silverbullet" or the "Company", or, together with its subsidiaries, the
"Group")

 

Trading Update

Current ongoing EBITDA positive trading as a result of operational
efficiencies

Silverbullet (AIM: SBDS), a provider of AI driven digital transformation
services and products, announces a trading update for the year ended 31
December 2025, together with an update on the positive trading post the year
end.

 

The Company expects to report revenue for the year ended 31 December 2025
broadly in line with that achieved in 2024. In particular, Q4 2025 was
impacted by well documented macroeconomic headwinds, including the US
government shutdown restricting government client transactions, which combined
with ongoing US tariff challenges, impacted growth.

 

However, as outlined in the interim results, announced on 29 September 2025,
the Board implemented a cost restructuring programme which reduced ongoing
operating expenditure. The benefits of these operational measures taken in H2
2025, combined with the Group's ongoing AI efficiencies, are now being
realised in the current financial year. With the reduced cost base, the
Company is pleased to report that it has been trading profitably at the EBITDA
level since the start of 2026 and the Board expects this to continue
throughout the year.

 

Whilst the geopolitical environment resulted in customer caution in Q4 2025,
the trading environment has improved considerably in 2026 with the Company
experiencing significant demand for its products and services. Recent new
client wins have included a major European airline and a new significant
partner for 4D in the United States. This improved demand environment is
expected by the Board to see the Company return to growth in 2026. Committed
revenues are already at 73% of management's expectations for the full year,
with an additional strong pipeline of new business not yet reflected in
managements forecasts.

 

Commenting, Ian James, CEO of Silverbullet, said:

"2025 was an important year for the Group's development, and the actions taken
in Q4 2025 have enabled the Group to enter this year with a leaner, more
manageable cost base. Whilst some customer decision making was held back in
the last quarter of 2025, these are now coming to fruition and being delivered
in Q1 2026. It has been evident that clients' AI ambitions require the robust,
organised data infrastructure and new data sources that Silverbullet
facilitates, whilst our own AI adoption is improving delivery efficiency and
margins as client volumes scale.

 

"We are delighted with current trading which is delivering an ongoing
EBITDA-positive performance, supported by an improved cost base and AI-enabled
efficiencies. Our confidence is backed up by contracted revenue coverage,
recent client wins and a strong pipeline which enables the Board to view the
future with a renewed optimism."

 

 

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of United Kingdom domestic law by virtue of
the European Union (Withdrawal) Act 2018, as amended by virtue of the Market
Abuse (Amendment) (EU Exit) Regulations 2019 ("UK MAR").

 

For further information please contact:

 Silverbullet                                             via IFC
 Ian James (CEO) / Chris Ellis (CFO)
 Strand Hanson Limited - Financial and Nominated Adviser  0207 409 3494
 James Spinney / James Bellman / Imogen Ellis
 Zeus Capital Limited - Joint Broker                      0203 829 5000
 Simon Johnson / Jake Walker
 Oberon Capital - Joint Broker                            020 3179 5300
 Mike Seabrook / Jessica Cave
 IFC Advisory                                             020 3934 6632
 Graham Herring / Tim Metcalfe
07793 839 024

 

About Silverbullet

Silverbullet's proprietary 4D AI advertising solution is designed to help
advertisers target consumers in a "privacy-first world". The product is a
natural extension to its existing services business which already serves a
blue-chip client base such as a leading UK hospitality brand and a Global
Brewing company, amongst many others.

Headquartered in London, the Group employs 85+ data specialists across five
regions across the globe, including, the UK, Italy, Australia, USA and Latin
America. The Group continues to look at other opportunities for expansion
worldwide.

The Company has an established and growing solutions business with significant
accumulated industry experience and a proven track record of delivering
strategic digital transformation and activation services to its clients. The
majority of the Board have held senior positions at global software companies
and have significant industry experience across data engineering, SAAS product
development and marketing.

 

 

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