Itim Group (LSE:ITIM), the UK-based retail technology software provider, reported largely unchanged revenue for 2025, while profitability declined compared with the previous year.
The company recorded a loss before tax during the period, partly due to a bad debt linked to a retail client that entered administration. Overall results came in below market expectations.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) for the year totalled £1.7 million. During the second half, Itim implemented cost reduction measures that lowered its cost base by more than £1 million.
Management said the difficult trading environment for UK retailers—characterised by cost inflation and weak economic growth—reduced appetite for technology investment among customers. These sector pressures weighed on the company’s performance over the year.
Looking ahead to 2026, Itim expects the recently implemented cost savings to support improved results. The company also anticipates replacing lost revenue through additional business from existing clients as well as new customer opportunities.
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