Getech Group Reports Revenue Growth and Positive EBITDA for 2025
Getech Group announced a 6% revenue increase for the year ending December 31, 2025, reaching £5 million, alongside a positive EBITDA of £0.5 million, reversing a loss from 2024. This improvement is attributed to a turnaround strategy implemented by new management, focusing on core markets of oil, gas, and mining, while selectively exploring natural hydrogen opportunities.
The company reduced its cost base by 20% and reorganized its sales team, resulting in a better sales pipeline. The order book was £3.8 million, and cash at bank was £0.2 million, impacted by a delayed customer payment.
Annual recurring revenue remained steady at £2.8 million, with expectations of growth in 2026. Getech aims to enhance revenue lines and subscription income.
