itim has issued an FY25 trading update this morning, reflecting challenging conditions for its retail customer base, with revenue below FY24 levels and Zeus forecasts at £17.5m (Zeus forecast: £18.5m) following delays to expected contract wins in H2. With costs taken on ahead of expected new customer wins and high-margin service/implementation revenue lower than expected, EBITDA is expected to be £1.7m, down from £2.5m in FY24 (Zeus forecast: £3.0m). LBT of £0.5m was further impacted by the admi ....
