Red Rock Resorts earnings beat by $0.54, revenue topped estimates
LONDON - Priority Intelligence Group PLC (AIM:PR1), an AI-driven professional growth services provider for SMEs, reported revenue of £37,000 for the six months ended March 31, 2025, according to a company press release.
The company, which was admitted to the AIM market on December 30, 2024, following a reverse takeover of Alteration Earth PLC and a £0.9 million fundraising, noted that the results reflect only three months of Priority’s trading since the acquisition.
Priority Intelligence currently serves 40 customers using its range of products, with approximately 20% now paying for services. Early revenue was constrained by subsidies offered to encourage early adoption of its products, which include Priority Advisor and its generative AI platform.
During the period, the company announced a strategic collaboration with Funding Circle to enable customers to access alternative debt financing options through Priority’s technology. The firm also developed two additional revenue-generating products: Capitano AI and AI consultancy services, which have been deployed to customers including Leukemia Care and Team GB Snowsport.
After the reporting period, Priority proposed the acquisition of Halfspace, a London-based sports data and marketing business, following the completion of a £1.05 million fundraise. The company also integrated cryptocurrency payments through a partnership with Coinbase (NASDAQ:COIN) Commerce and launched Pr1bit, an AI-powered cryptocurrency solution for SMEs.
Chairman Marcus Yeoman stated that the company expects "a marked upturn in platform adoption in the second half of 2025" and remains "on track to onboard at least 100 paying users to the Priority platform by the end of the financial year."
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.