Tan Delta has reported a positive update for the full year to 31 December. 2025E revenue at c. £1.2m was c. 20% above management expectations set at the interim results in late Sept 2025. Year end cash was c. £1.4m with no debt. Both numbers were in line with our expectations and demonstrated good momentum in H2. Through 2025, Tan Delta focused on managed trials and small-scale deployments with a wide range of customers, from large multinational fleets to smaller local operators. Management stat ....
