Bifogade filer
Beskrivning
| Land | Malta |
|---|---|
| Lista | Euronext Growth Oslo |
| Sektor | Sällanköp |
| Industri | Betting |
2025-10-30 18:00:00
Malta, 30 October 2025:
RIVER TECH P.L.C. (the "Company", together with its subsidiaries, the "Group")
today announces its results and key developments for Q3 2025.
Following a key client's termination notice in September, the Group initiated a
plan to safeguard shareholder value and secure future revenue growth. The plan
includes reinforcing River Tech's business foundation, stabilising operations,
optimising costs and positioning for sustainable growth.
The successful integration of its newly acquired payments aggregator and
orchestrator platform - already delivering new client wins - along with
continued cost optimisation and ongoing brand unification, positions the Group
to enter 2026 as a leaner, more product-focused organisation.
Financial performance remains resilient, with solid cash reserves supporting
further expansion and innovation. Revenue for the quarter reached EUR3.13 million,
gross contribution margins remained stable, supported by early platform
diversification and disciplined cost management. EBITDA ended at EUR1.57 million,
compared to EUR1.94 million in Q3 2024.
River Tech remains focused on its mission, "Bringing Ideas to Life", by
delivering scalable, compliant, and customer-driven technology solutions that
create long-term value.
The Q3 2025 report can be downloaded at
https://www.river.tech/investor-relations/ and is also attached to this
announcement.
For further information please contact:
Luke Ciantar, CEO RIVER TECH
Email: investors@river.tech
About RIVER TECH: RIVER TECH P.L.C. is a technology company offering a B2B
technology product. Focusing on assisting companies with specialist
competencies, by providing secure and tailormade, yet user-friendly solutions,
for the delivery of services within the online sphere. RIVER TECH P.L.C. is
registered in Malta and is listed on Euronext Growth under the ticker symbol
"RIVER".
For more information about RIVER TECH P.L.C: https://www.river.tech/