Applied Nutrition plc has reported a big leap in annual revenue and profits.
The sports nutrition, health and wellness brand said revenue was up 24.2% to £107.1m for the year ended 31st July 2025 – ahead of IPO guidance and in line with recently upgraded market expectations.
Adjusted EBITDA was up 18.8% to £30.9m, also ahead of IPO guidance, while unadjusted operating profit was up 18.6% to £28.1m.
The company’s share price has climbed 32% since its IPO in October 2024, giving it a market capitalisation of £444m. However it is slightly down in early trading this morning (writing at 8.25am).
The Liverpool-based firm said the completion of a factory extension late last year increased its revenue capacity to around £200m, while it extended its global footprint and entered numerous new geographies in key regions including Latin America and Asia during the period.
increased its revenue capacity to around £200m
“This set of results shows us over-delivering on targets we set at IPO while setting the stage for the next phase of our growth,” said Thomas Ryder, CEO.
“The performance reflects the strength of our strategy, disciplined execution, and growing traction in the market. In the year we have deepened our relationships with existing customers and secured new customers across both existing and new geographies, all while continually broadening our ranges, formats, and flavours.
“With solid progress behind us and encouraging trading trends continuing, we are focused on key opportunities with a view to continuing our ambition to become the world’s most trusted and innovative sports nutrition, health, and wellness brand.”