Itim Group plc
itim Group plc is an AIM-listed UK retail technology company providing its itim-UNIFY omni-channel retail software platform (subscription SaaS plus implementation/consultancy services) to mid-sized retailers, alongside EDI Plus (data exchange services) and a newly launched AI platform, itimAIQ. The Group operates from the UK and Portugal (Profimetrics Software Solutions), serving well-known UK and international retail clients, with growing exposure to Brazil/Latin America and the US via ARR denominated in those currencies.
FY2025 in sixty seconds
year to 31 Dec 2025 · approved 12 May 2026 · 82 pages · Companies House
itim Group plc sells software that helps mid-sized retailers run their shops and online sales. Revenue slipped to £17.5m from £17.9m the year before, and the company moved from a pre-tax profit of £175k to a pre-tax loss of £464k.
The report blames a difficult UK retail market, where retailers cut costs and delayed the start of projects, so one-off project income fell while subscription income was slightly up. Two unusual costs also hurt: redundancy costs, and a £142k provision for unpaid invoices after the customer Quiz Clothing went into administration in February 2026. The company cut staff costs in the second half of the year, but expects the benefit in 2026 rather than 2025.
Cash at the year end was £2.6m, down from £3.8m, and borrowings rose to £726k. No dividend is proposed. The Board calls 2026 a potential turning point for growth, though it is not forecasting direct revenue from its new AI product. The auditor gave a clean opinion and raised no doubt over the company's ability to keep trading.
Subscription/recurring revenue from itim-UNIFY SaaS contracts
Recurring revenue £13,495k of £17,507k total revenue (77%), up slightly from £13,441k in 2024
page 49Mix shift from higher-margin project/services revenue to recurring revenue
Gross profit margin fell to 37.5% (2024: 40.1%) due to reduction in project-based services revenue
page 10The Board believes 2026 will represent an important year in the continued execution of the Group's strategy and a potential inflection point for growth
page 7The Board does not propose payment of a dividend in respect of the financial year (2024: £nil)
page 117 years on one page · FY2019–FY2025
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GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.
Nothing restated
Every figure is read again from the following year’s report: 203 confirmed, 5 differ.
No figure has been restated: every figure a later report printed again, it printed the same.