**Summary**
Tooru PLC, an AIM-listed company focused on the branded health and wellness sector, released a trading and financing update alongside a directorate change announcement on December 29, 2025. The company highlights a year of progress and platform building, with significant achievements in retailer partnerships, brand development, and cost management. Key points include
1. **Retailer Wins**Secured partnerships with major retailers like TESCO and Co-op, with Pulsin bars expanding from 80 to 1,000 Co-op stores.
2. **Brand Progress**Juvelaโs gluten-free brand OAF is performing well, with strong TESCO sales and ongoing discussions with other major supermarket chains.
3. **Operational Changes**Pulsin relocated manufacturing to a contract manufacturer, reducing costs and improving scalability, though temporary production disruptions impacted September and October revenues.
4. **Directorate Change**Matthew Peck stepped down from the Board to focus on Market Rocket, a non-core business being considered for divestment, to streamline Tooruโs focus on health and wellness brands.
5. **Refinancing**Completed a ยฃ3.9 million debt facility refinancing with Shawbrook Bank, extended to 2030, including an additional ยฃ500,000 for OAF brand development.
6. **Outlook**CEO Scott Livingston expressed confidence in Juvela and Pulsinโs growth prospects, emphasizing the Co-op expansion and OAFโs sales growth as indicators of progress.
The update underscores Tooruโs strategic focus on brand building, cost discipline, and financial flexibility to drive growth in 2026.
Below is the HTML table code comparing the financials and debt year-on-year based on the provided text. Since the text does not provide explicit year-on-year numerical data, the table is structured to highlight key changes and updates mentioned in the announcement.
### Explanation:
1. **Debt Facility**: The Shawbrook Bank facility was refinanced and increased to ยฃ3.9 million with an extension to 2030. An additional ยฃ500,000 was advanced for the OAF brand.
2. **Pulsin Revenue**: Revenue was negatively impacted in September-October 2025 due to production disruption but is expected to recover with positive EBITDA.
3. **Pulsin Distribution**: Co-op store count increased from 80 to 1,000, indicating significant growth in distribution.
4. **Juvela Sales**: TESCO sales remained strong, and discussions are ongoing with other major supermarkets for OAF brand listings.
5. **Operational Costs**: Costs were reduced due to contract manufacturing and combining Pulsin and We Love Purely operations.
6. **Market Rocket**: The company is exploring divestment of this non-core business to focus on health and wellness brands. This table provides a structured comparison of key financial and operational changes mentioned in the announcement.