9 February 2026

Aurrigo International plc

("Aurrigo" or the "company")

FY25 Trading Update

Strategic milestones achieved, strengthening foundations for future growth

Aurrigo International plc (AIM: AURR), a leading international provider of transport technology solutions, is pleased to provide an update on trading for the year ended 31 December 2025.

The Board expects to report revenue of approximately £8.0m (2024: £8.9m), ahead of rebased expectations, underlining a good performance across both Group divisions despite a volatile macroeconomic backdrop. Adjusted EBITDA loss and loss before tax are expected to be in line with expectations, reflecting improving gross margins, partially offset by modestly higher operating costs as the company invests in scaling its operations.

The Automotive division delivered a strong recovery in the second half of the year with volumes stabilising, as anticipated, following a period of tariff-related disruption impacting UK OEM customers in Q2. As a result of this recovery, H2 revenues in the Automotive division are c.30% higher than H1 FY25, with full year revenue expected to be £5.4m (2024: £5.9m).

The Autonomous division contributed £2.5m (2024: £2.9m) following continued progress across core programmes, with certain delivery milestones extending into the new financial year. Highlights included the launch of Auto-Cargo®, the company's largest autonomous aviation vehicle to date, the signing of a strategic partnership with Swissport International AG, one of the world's largest providers of airport ground and cargo handling services, and further progress integrating autonomous solutions into mission-critical airport systems alongside securing new projects. Engagement levels with high-quality partners remain strong, underpinned by growing industry interest from airports and ground handlers seeking to improve operational efficiency and resilience.  

The company ended the year with a robust cash position of £11.5m, ahead of expectations, reflecting a successful fundraising of £13.8m net in the year, which also attracted new institutional shareholders alongside the company's first strategic investor, Nex Gen Mobility, leaving it well-positioned to support growth initiatives across both divisions.

David Keene, CEO of Aurrigo International, commented:

"I am really proud of the performance of the company, with a full year outturn ahead of expectations as reset in August, which reflects how closely we work with customers to support them through uncertain market conditions. The Automotive division rebounded strongly during the second half of the year, and the Autonomous division continued to demonstrate the scalability of our technology through the expansion of high-quality partnerships and increasing market coverage.  

"The launch of our hub strategy at the end of FY25 represents an important next step, enabling us to concentrate deployments, partnerships and operational capability in key aviation markets, accelerating customer adoption and supporting broader market penetration. With a strong cash position and a clear pipeline of opportunities, we head into 2026 confident in the progress the company will make."

* The company considers that consensus estimates for the year ended 31 December 2025 are revenue of £7.5m, cash of £11.0m, an adjusted EBITDA loss of £3.0m and an adjusted loss before tax of £4.0m.

Investor Hub

For more information and the chance to have your questions directly answered by the management team, please head to our interactive investor hub via: https://investors.aurrigo.com/link/PQbRGy

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Notes to Editors:

Aurrigo International plc is an international designer and developer of fully integrated smart airside solutions for the aviation industry, including automated vehicles, systems and software.

The Group's proprietary, award-winning autonomous technology and secure management system is supporting some of the world's leading airports. Customers choose to partner with Aurrigo to transform their baggage and cargo handling operations, improving safety, operational efficiencies and meeting sustainability targets, while navigating growing passenger volumes, rising costs and increasing labour shortages.

Headquartered in Coventry, UK with offices in Singapore, Cincinnati and Ottawa, the Group has a 32+ year heritage designing and supplying automotive vehicle OEM's with highly advanced, innovative product and system solutions. For more information, please visit the Group's website at www.aurrigo.com.