**Summary of Tap Global Group Plcs Final Results and Notice of AGM & Board Change (January 2, 2026):**
**Financial Performance (FY25 ended June 30, 2025):**
**Revenue Growth:** £3.48 millionup 31% from FY24 (£2.65 million).
**Gross Profit** Increased to £2.62 million (68% growth), with a margin improvement from 59% to 75%.
**Operating Costs** Reduced by 6.6% to £3.8 million.
**Registered Users** Grew to over 391,000 (from 368,844 in FY24).
**Cryptocurrency Offering** Expanded to 70+ tokens in 40 countries.
**XTP Token Utility** Enhanced with XTP Cashback on card spending.
**Regulatory Compliance** Secured VASP registration in Bulgaria for MiCA compliance.
**Funding** Raised £1 million from institutional investors
successful AIM uplisting.
**Strategic Achievements**
**Platform Enhancements** Introduced new trading features and improved user experience.
**Regulatory Milestones** VASP registration in Bulgaria positions the company for MiCA regulations.
**Corporate Governance** Appointed Manuel De Luque Muntaner as Non-Executive Chairman post-year-end.
**Board Changes** Steven Borg resigned as CFO effective January 9, 2026
Andrew Milmine appointed Head of Finance.
**CEO Commentary (Arsen Torosian)**
Transitioned from a challenger fintech to a fully regulated digital finance platform.
Focus on monetizing infrastructure, scaling B2B vertical, and driving "Primary Account" adoption.
**Financial Review**
**Adjusted EBITDA** Positive £0.41 million (after one-off expenses and non-cash items).
**Loss Before Tax** £5.7 million (reduced by 69% from FY24), including a £4.7 million goodwill impairment.
**Cash Position** £0.81 million (up 43% from FY24), supported by equity raise.
**Post-Year-End Developments**
**Infrastructure Partnerships** Integrated open banking with tell.money and FCA-regulated Moorwand for GBP/EUR IBAN issuance.
**Corporate & Institutional Expansion** Relaunched corporate program with 25+ business customers and ARR of £75,000.
**Institutional Bitcoin Treasury Service** Onboarded London BTC Company as a client.
**AGM Details**
Scheduled for January 282026at Huckletree BishopsgateLondon.
**Outlook**
Focus on scaling B2B vertical and increasing Primary Account adoption.
Aim to create a fully regulated Super App linking fiat, traditional assets, and cryptocurrency markets.
**Chairmans Statement (Manuel De Luque Muntaner):**
Emphasized sustainable scalinggovernanceand regulatory compliance.
Confident in delivering long-term value and seizing opportunities in the digital asset space.
**Key Metrics**
**Revenue** £3.48 million (+31% YoY).
**Gross Profit** £2.62 million (+68% YoY).
**Registered Users:** 391000+.
**Cryptocurrencies Offered** 70+ in 40 countries.
**Board and Management**
Steven Borg resigned as CFO
Andrew Milmine appointed Head of Finance.
Manuel De Luque Muntaner appointed Non-Executive Chairman.
**Conclusion**
Tap Global Group Plc demonstrated significant growth and strategic progress in FY25, positioning itself as a regulated digital finance platform with a focus on scaling its B2B vertical and enhancing user engagement. The company aims to capitalize on its infrastructure and regulatory compliance to drive long-term value for shareholders.