Published: November 19, 2025 at 10:00 am
Crimson Tide plc, the provider of the mpro5 process management app, has swung to profit in its half-year results.
For the six months ended 31st October 2025, it recorded revenue of £2.95 million, broadly in line with the £3.01m achieved in the prior period.
Total overheads fell by 29% to £2.26m (2024: £3.2m), ‘reflecting management’s efforts to right size the business’.
As a result, EBITDA increased to £790,000, compared with £70,000 in the 2024 period; and produced a profit before tax of £320,000, compared with a loss of £600,000 in 2024.
Cash at the period end amounted to £1.49m (30th April 2025: £1.25m).