REG - Tap Global Group PLC - Trading Update

Tap GlobalAnnouncement

23/09/2025 07:00

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RNS Number : 3322A  Tap Global Group PLC  23 September 2025

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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)  +44 (0)20 3368 3555

 Andrew Emmott

 Angus Campbell
 Tennyson Securities (Broker)                             +44 (0)20 7186 9030

 Peter Krens

 Alan Howard
 Vigo Consulting (Investor Relations)                     +44 (0)20 7390 0230

 Ben Simons                                               tapglobal@vigoconsulting.com

 Peter Jacob

Amelia Thorn

 

Investor website:

investor.tap.global (https://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/
(https://www.linkedin.com/company/tapglobal/)

X: https://x.com/TapGlobalPlc (https://x.com/TapGlobalPlc)

 

 

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