LONDON: SEEEN plc (AIM: SEEN), a global media and technology platform specializing in AI-powered video monetization, reported an 87% increase in revenue for the six months ended June 30, 2025, marking its first full half-year of positive EBITDA.
The company posted unaudited interim results Tuesday, highlighting total revenues of $2.1 million, up from $1.1 million in the same period last year. Gross profit rose 62% to $0.6 million, driven by growth across all business segments.
SEEEN also announced it had signed what may be the largest contract in its history, supplying YouTube Creator Service Partner (CSP) services. The deal is expected to generate up to $3.5 million annually upon milestone completion, with $1.0 million already secured.
Cash reserves stood at $1.4 million as of June 30, up from $1.0 million at year-end 2024, bolstered by operating cash flow and shareholder warrant exercises.
CEO Adrian Hargrave said the company is on track to exceed $5.0 million in revenue for the full year, with an annualized run rate now at $6.5 million. “Our upward turn is now in full swing,” Hargrave said. “We’re seeing strong demand for AI-infused video moments across sectors like sports, commerce and music.”
The company plans to accelerate growth through strategic partnerships and acquisitions, leveraging its combined CSP and technology offerings.