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Seeen PLC on Thursday reported a narrowed annual loss amid sharp revenue growth which accelerated in the first half of 2025. The London-based media and technology platform said pretax loss narrowed to $2.4 million in 2024 from $5.3 million in 2023. Revenue climbed 48% to $3.0 million from $2.1 million. Cost of sales increased 53% to $2.4 million from $1.6 million. Further, the company said that in the first half of 2025, revenue jumped 80% to $2.1 million from $1.1 million a year prior. It cited further growth in technology customers and increasing revenue from the YouTube Creator Service Partner business. Seeen’s adjusted earnings before interest, tax, depreciation and amortisation totalled $100,000 in the first half of 2025, compared to a loss of $300,000 a year ago. Looking ahead, Chief Executive Adrian Hargrave said: ‘We are confident about the future. Our customer pipeline is stronger. We were delighted by the signing of what is potentially Seeen’s largest ever contract to date during [the first half of] 2025 with a projected value of up to $3.5 million in annualised revenue. We also see high market demand for our AI-infused video moments from the education and training sector, to assist with learning given ever-shortened attention spans among students and employees respectively.’ Back in February, the company had announced a contract worth up to $3.5 million per year with a publishing house. Seeen manages the customer’s video and asset content library on YouTube which leverages its Creator Service Partner and technology offerings. Seeen shares jumped 34% to 4.70 pence each on Thursday afternoon in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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