Listed Cambridge firm Bango moved to positive EBITDA despite a reduction of revenue in 2025.

For the 12 months ended 31st December 2025, the payments insights company reported revenue of $52.2m (FY24: $53.4m).

The firm said that it successfully executed on key strategic priorities of strong growth in recurring revenue and continued opex and capex reductions. This resulted in positive cash EBITDA of approximately $2.3m, a $2.5m improvement from the negative cash EBITDA of FY24.