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11 November 2025

Tap Global Group plc

("Tap Group" or the "Company")

Q1 Trading Update

Record quarterly revenue approaches £1 million, driven by over 40% YoY growth

Tap Global Group plc (AIM: TAP), an innovative digital finance hub that brings money payments and crypto settlement services together in a single user-friendly app, is pleased to announce a strong start to the current financial year ending 30 June 2026 with record revenues in the first quarter (Jul-Aug-Sep 2025) ("Q1 FY26"), driven by continued demand for Tap Group's services.  

Unaudited revenues for the period are expected to be £991,000, representing year-on-year growth of 40.3% compared to the prior year period (Q1 FY25: £706,194). This performance demonstrates accelerating momentum, representing sequential quarter-on-quarter growth of approximately 30% compared to the final quarter of the previous financial year (Apr-May-Jun 2025).

This strong financial performance was underpinned by continued resilient revenues from the Company's core B2C retail offering, which provides a seamless digital experience consolidating cryptocurrency trading, money account management, and card payments, and serves a registered user base of over 390,000 individuals. Revenue for Q1 FY26 also includes a contribution from the Company's new B2B product, Bitcoin Treasury as a Service ("BTaaS"), which was piloted during the period and formally launched in October 2025. The BTaaS platform is an institutional-grade solution designed for publicly listed companies adopting Bitcoin as a primary treasury reserve asset, providing them with global liquidity, seamless fiat-to-crypto conversion, and comprehensive reporting.

Arsen Torosian, Chief Executive Officer, commented:

"I am delighted to report a record quarter for Tap Group, with quarterly revenues approaching the £1 million milestone. Growth of over 40% year-on-year, coupled with 30% sequential quarterly growth, demonstrates our accelerating momentum. Our B2C 'super app' continues to provide a resilient foundation, while our new B2B institutional arm is beginning to contribute. This is a strong start to the current financial year - our first since listing on AIM."

Enquiries:

Investor website:  investor.tap.global

About Tap Global Group plc

Tap Global Group plc bridges the gap between traditional finance and blockchain technology. It offers over 390,000 individual and business customers an innovative and fully integrated fiat payments and cryptocurrency settlement service including access to several major cryptocurrency exchanges. Through the Tap app, customers can trade over 50 cryptocurrencies and store them directly in their customer wallet, while benefiting from proprietary AI middleware for real-time best-execution and pricing.

Tap Group's European business, Tap Global Limited, was the first cryptocurrency FinTech company to be approved by Mastercard in Europe. Through the Tap card, European users can convert their cryptocurrencies to fiat and spend at more than 37 million merchant locations worldwide.

Tap Group's operating subsidiaries

Tap Global Limited serves the European customer base and is registered in Gibraltar and licensed and regulated by the Gibraltar Financial Services Commission under the DLT with licence No. 25532.

Tap's Bulgarian subsidiary has been granted a VASP registration by the National Revenue Agency of Bulgaria in order to qualify for the EU MiCA regulations grandfathering provisions.

Tap Americas LLC serves the US customer base and is a limited liability company organised under the laws of the state of Florida. Cryptocurrency services are provided by Zero Hash, a Chicago-based B2B2C crypto infrastructure platform.

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/tapglobal/ | X: https://x.com/TapGlobalPlc