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Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media

21 July 2025

Aeorema Communications plc

("Aeorema", the "Company" or the "Group")

Trading Update for the 12 months ended 30 June 2025

Revenue & profit at upper end of expectations

Aeorema Communications plc (AIM: AEO), a leading strategic communications group, is pleased to provide a trading update for the 12-month period ended 30 June 2025, with comparative figures of the financial year ended 30 June 2024 ("FY2024"). The Company is expected to provide its unaudited interim results for the 12 months ended 30 June 2025, by 30 September 2025.

Unaudited Financial Highlights

·      Revenue and profit at the upper end of expectations for the 12-month period:

o  Revenue of no less than £20.4 million (FY2024 audited: £20.3 million)

o Underlying profit before tax of no less than £600,000 (FY2024: £437,000) - higher than the guidance of at least £550,000 previously provided on 26 March 2025

o  Reported profit before tax of no less than £360,000 (FY2024 audited: £437,000)[1]

·    Strong cash position with cash of £4.1 million as at the date of this announcement (30 June 2024: £3.1 million)

·   Dividend policy maintained, with an interim dividend planned following publication of the unaudited interim results for the 12 months

Operational Highlights

·    Highly successful Cannes Lions International Festival of Creativity 2025 ("Cannes Lions") with a record number of retained and new client projects and an unprecedented number of re-bookings being confirmed for 2026

·  Group-wide cost reduction and resource rebalancing programme progressing well, with continued implementation throughout the remainder of 2025

·   Margin enhancement remains a key priority for 2026 as the Group continues to drive operational efficiencies and improve resource utilisation

·      Creative excellence reaffirmed with a third consecutive win at the 2025 micebook Awards

Steve Quah, CEO of Aeorema Communications plc, commented: "We are pleased to be trading at the upper end of expectations, with strong revenue, profit and cash performance during what has been a transitional year. Furthermore, our restructuring is progressing well and sets us up to improve margins in 2026 without compromising our creative edge.

"Most notably, Cannes Lions 2025 was a standout success, with  an unprecedented number of clients confirming renewals for 2026 and new global opportunities emerging, including CES in Las Vegas. Accordingly, as we enter the final six months of this extended reporting period, Aeorema's positive momentum is evident, focused on sustainable growth, sharper efficiency, and continuing to deliver the creative excellence we are known for."

Further details

As at the date of this announcement, the Company expects to report unaudited revenue of no less than £20.4 million for the 12 months to 30 June 2025 (FY2024 audited: £20.3 million), with underlying profit before tax of no less than £600,000 (FY2024 audited: £437,000) and reported profit before tax of no less than £360,000 (FY2024 audited: £437,000). Underlying profit before tax excludes one-off costs, which are largely restructuring costs incurred in the cost-reduction and rebalancing programme referenced below. Bank balances as at the date of this announcement are £4.1 million (30 June 2024: £3.1 million). These expected results are at the upper end of prior expectations, with underlying profit before tax higher than guidance previously provided.

In line with its commitment to shareholder returns, the Company plans to pay an interim dividend following the publication of its unaudited interim results for the 12 months ending 30 June 2025, instead of waiting for the audited results for the 18-month period ending 31 December 2025.

Aeorema's cost reduction and rebalancing programme, launched in 2024, is progressing well. Designed to optimise operations and boost long-term efficiency and margins, it will remain a core focus through 2025, with improved profitability and margin enhancement targeted for FY2026.

The Group continues to gain significant traction in key international markets, further reinforcing its reputation as a leader in strategic communications and live experiences.

Cannes Lions remains a key proving ground for the Group's creative and delivery capabilities, with 2025 delivering further growth, client diversification, and strengthened partnerships with global brands and agencies. The consistent excellence showcased at Cannes Lions is opening doors to other major global events like CES in Las Vegas, Davos Switzerland, Art Basel Miami and SXSW Austin Texas, expanding the Group's commercial footprint and client base. Cannes Lions not only highlights the Group's creative strength but also underscores its rising influence in a highly competitive market.

These achievements highlight a business going from strength to strength, underpinned by clear strategic direction, operational focus, and a consistent reputation for excellence. As a result, the Group continues to experience strong client engagement and sustained demand across its core markets.

*ENDS*

For further information on the Company please visit www.aeorema.com or contact: 

Notes to Editors  

Aeorema Communications plc, (AIM: AEO) is a leading strategic communications group with offices in London, New York and Amsterdam. The Group provides bespoke event services, comprising live, virtual, and hybrid experiences to an established international blue-chip client base spanning a broad range of sectors, including finance, professional services, advertising, IT, gaming, fashion, fintech, and beverages. The Group also provides high level consultancy services to help clients maximise and deliver on their long-term communication strategies over multiple event and film touchpoints.

Aeorema delivers these services via its fully owned companies Cheerful Twentyfirst and Cheerful Twentyfirst, Inc. (the North American arm of Cheerful Twentyfirst) (www.cheerfultwentyfirst.com), two live events agencies with film capabilities that specialise in devising and delivering corporate communication solutions. The Group also operates Eventful Limited (www.eventful.co.uk), which provides consultative, high-touch services including assisting clients with venue sourcing, event management and incentive travel. With more than 56 years of combined operating experience and extensive award wins, Aeorema is a recognised industry thought leader.

Central to all that the Group does is its Corporate Social Responsibility charter, which is focussed on ensuring sustainable, inclusive and ethical business operations. To this end, the Group is a pioneer in delivering innovative strategies and services, including a client carbon measurement programme to establish a formal structure and approach around reducing emissions and offsetting both its own and its clients' carbon footprint.