B90’s FY25 trading update shows strong growth during the year and adjusted EBITDA in line with our forecast (upgraded in September last year), demonstrating evidence of strategic execution in scaling operations. Zeus’ FY25 forecasts show over 100% revenue growth to €7.1m (10.9% upgrade) and 68.9% adjusted EBITDA growth to €1.1m (unchanged). We believe that the increased use of automation and data-driven optimisation will allow B90 to scale further in FY26 whilst maintaining tight control over cu ....
