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Investing.com -- Applied Nutrition plc said Tuesday that its financial results for the year ending July 31, 2025, exceeded market expectations, with revenue increasing approximately 24% year-on-year to £107 million, up from £86 million in FY24.
The sports nutrition, health and wellness brand reported that adjusted EBITDA grew approximately 19% compared to the previous year’s £26 million.
Net cash, excluding IFRS 16 liabilities, reached approximately £18.5 million at the end of the period, also surpassing market forecasts.
The company attributed its strong performance to robust second-half trading, which generated approximately £60 million in revenue, and the successful implementation of its multi-pillar, global growth strategy.
Looking ahead to FY26, Applied Nutrition now expects revenue for the financial year ending July 31, 2026, to exceed current market expectations of £112.4 million.
Thomas Ryder, CEO of Applied Nutrition, said: "We are proud to report that we have exceeded the guidance we gave at our IPO, with our first full-year results expected to come in ahead of market expectations.
"Our focus and ambition remain as strong as ever - in delivering for our shareholders, customers and team - and we are excited about the opportunities we have in the pipeline for the year ahead."
The company’s board expressed confidence that its core strengths, including its B2B-focused business model, broad range of high-quality products, and industry-leading new product development, will continue to drive sustained revenue growth and strong profitability over the long term.
Applied Nutrition plans to release its audited results for the year ended July 31, 2025, on or around November 10, 2025.
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