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Aurrigo International PLC on Monday said it heads into 2026 confidently as it expects to report a revenue for 2025 that beats expectations, while loss is anticipated to be in line. The Coventry, England-based transport technology provider said it expects to report revenue of around £8.0 million for 2025, down 10% from £8.9 million in 2024 but 6.7% ahead of rebased expectations of £7.5 million. Aurrigo said this underlined ‘a good performance across both group divisions despite a volatile macroeconomic backdrop’. The adjusted loss before interest, tax, depreciation and amortisation and adjusted pretax loss are expected to be in line with expectations, reflecting improving gross margins which were partially offset by modestly higher operating costs. Further, Aurrigo ended 2025 with a cash position of £11.5 million, up sharply from £3.1 million at the end of 2024 and ahead of consensus estimate of £11.0 million. The firm said it expects consensus estimates for 2025 to be an adjusted Ebitda loss of £3.0 million and an adjusted pretax loss of £4.0 million. For 2024, Aurrigo had reported an adjusted Ebitda loss of £1.6 million and a pretax loss of £2.5 million. Chief Executive Officer David Keene said: ‘I am really proud of the performance of the company, with a full year outturn ahead of expectations as reset in August, which reflects how closely we work with customers to support them through uncertain market conditions. The Automotive division rebounded strongly during the second half of the year, and the Autonomous division continued to demonstrate the scalability of our technology through the expansion of high-quality partnerships and increasing market coverage. ‘The launch of our hub strategy at the end of FY25 represents an important next step, enabling us to concentrate deployments, partnerships and operational capability in key aviation markets, accelerating customer adoption and supporting broader market penetration. With a strong cash position and a clear pipeline of opportunities, we head into 2026 confident in the progress the company will make.’ Aurrigo shares were 0.6% lower at 87.00 pence each on Monday afternoon in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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