Source - Alliance News

Tap Global Group PLC - provider of app-based cryptocurrency payment and settlement services - Revenue grows 16% to £451,069 in December from £389,631 in November. ‘Tap Group has undergone significant operational restructuring while continuously enhancing its product offering. Throughout H1 2025, the company continued to systematically streamline its team structure, centralising decision-making and product deployment oversight with the chief executive officer. This transformation has resulted in dramatically faster execution and more efficient resource allocation,’ the company says.

Chief Executive Officer Arsen Torosian says: ‘Tap Group has emerged as a stronger, more profitable business, with an exceptionally lean and dedicated team. This new organisational structure has proven instrumental in achieving key milestones while maintaining operational efficiency and cost control. Having reached cash flow positivity, we’re now at a pivotal moment where we can continuously reinvest revenues into customer acquisition and marketing initiatives. On top of that, we expect to activate our first Cards-as-a-Service revenue stream in the near term with the first major customer. This has the potential to add materially to Tap Group’s revenue mix which at present is dominated by trading commission. Our transition to profitable operations and ability to invest in growth reinforces our confidence in Tap Group’s opportunity to scale very effectively from this base.’

Current stock price: 3.05 pence each, up 7.0% on Wednesday on Aquis Stock Exchange in London

12-month change: up 69%

Copyright 2025 Alliance News Ltd. All Rights Reserved.

Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts