**Summary**
Diaceutics PLC, a leading technology and solutions provider to the pharma and biotech industry, reported strong financial results for FY 2025, with revenue growth of 24% on a constant currency basis to ยฃ38.4 million. Adjusted EBITDA grew by 80% to ยฃ7.6 million, and the company returned to profitability. The companys order book and Annual Recurring Revenue (ARR) also saw significant growth, providing good visibility for continued growth in 2026. Diaceutics expanded its customer base, signed new partnerships, and enhanced its AI capabilities to accelerate insight generation for customers. The companys CEO, Ryan Keeling, highlighted the resilience of the platform model and the growing importance of diagnostic intelligence in helping customers identify patients and improve therapy adoption. The companys financial performance was driven by strong revenue growth, improved margins, and disciplined cost management, resulting in a profit before tax of ยฃ0.3 million. Diaceutics is well-positioned to capitalize on the growing demand for diagnostic-driven therapies and precision medicine, with a focus on scaling its platform, deepening customer relationships, and improving commercial execution.
| Financial Metric | 2024 (ยฃ000s) | 2025 (ยฃ000s) | Change |
|---|
| Revenue | 32,158 | 38,437 | +20% |
| Revenue (Constant Currency Basis) | 39% | 24% | -15 ppts |
| Annual Recurring Revenue (ARR) | 16,801 | 19,958 | +19% |
| Net Revenue Retention (NRR) | 109% | 105% | -4 ppts |
| Order Book | 24,930 | 38,916 | +56% |
| Gross Profit | 28,270 | 31,479 | +11% |
| Gross Profit Margin | 88% | 82% | -6 ppts |
| Adjusted EBITDA | 4,206 | 7,573 | +80% |
| Adjusted EBITDA Margin | 13% | 20% | +7 ppts |
| EBITDA | 2,259 | 5,855 | +159% |
| EBITDA Margin | 7% | 15% | +8 ppts |
| Profit / (Loss) Before Tax | (1,908) | 302 | n/a |
| Cash and Cash Equivalents | 12,744 | 7,344 | -42% |
### Key Observations:
- **Revenue Growth**: Revenue increased by 20% from ยฃ32.158 million in 2024 to ยฃ38.437 million in 2025. On a constant currency basis, growth was 24%, down from 39% in 2024.
- **Profitability**: The company returned to profitability with a profit before tax of ยฃ0.302 million in 2025, compared to a loss of ยฃ1.908 million in 2024.
- **Adjusted EBITDA**: Adjusted EBITDA grew by 80% to ยฃ7.573 million, with the margin improving from 13% to 20%.
- **Order Book**: The order book increased significantly by 56% to ยฃ38.916 million, providing strong visibility for future growth.
- **Cash Position**: Cash and cash equivalents decreased by 42% to ยฃ7.344 million, primarily due to the back-end phasing of revenue and extended credit terms from customers. This table provides a clear comparison of key financial metrics between 2024 and 2025, highlighting the company's strong performance and strategic progress.