The Smarter Web Company (LSE: SWC | OTCQB: TSWCF | FRA: 3M8) is pleased to announce its audited full year results for the period to 31st October 2025, publication of its Annual Report and notice of Annual General Meeting, and a new investor presentation.
Full Year Results Summary
· £225.2 million raised, comprising £209.4m in equity capital and £15.8m in Bitcoin Backed convertible notes
· 2,660 Bitcoin held at year end; 2,689 Bitcoin held as of 19 February 2026
· Strong balance sheet with no fiat debt
The Group achieved a profit before tax of £2,835,848 for the year. Excluding one off gains and fair value adjustment credit of £4,308,224, the result would have been a loss before tax of £1,472,376.
Operating Business and Growth Strategy
The Group’s operating business has continued to perform in line with our expectations during the year. Our underlying operations are stable, and we remain confident in the long-term potential of the operating business.
In line with the Company’s 10-Year Plan, acquisitions are a core pillar of our strategy to continue growing and strengthening the operating business. The Company is focused on selectively acquiring profitable, cash-generative businesses with recurring revenue that enhance our core capabilities and support a return to sustainable profitability.
During the year, several opportunities were reviewed, and the Board continues to see an attractive pipeline of potential acquisitions that meet our criteria. The Company remains disciplined in its capital allocation, targeting transactions with clear strategic fit and attractive economics that support operating growth, enhance financial resilience across market cycles, and reinforce the Company’s long-term objective of increasing Bitcoin per share.
Bitcoin Treasury Strategy
Alongside our operating business, the Group’s Bitcoin balance sheet continued to strengthen during the year as we executed on our treasury strategy with a focus on long-term Bitcoin per share growth. Insofar as the Board is aware, the Company remains the largest UK-listed public holder of Bitcoin and continues to manage its balance sheet in a disciplined manner to support sustainable value creation for shareholders.
At the year end, the Company held 2,660 Bitcoin, with a market value of approximately £220m. This position provides the Group with a robust and differentiated balance sheet, which we believe strengthens our long-term financial resilience.
While we acknowledge that Bitcoin is a volatile asset, the Board remains confident in its long-term strategic role within the Group’s balance sheet framework. The Board believes Bitcoin offers a uniquely scarce, secure and globally liquid store of value, supporting its position as a core long-term asset. The Company remains committed to its Bitcoin strategy and will continue to assess opportunities to grow its holdings over time, applying a disciplined approach to capital raising and allocation.
Post Period Highlights: London Stock Exchange Listing
In February 2026, the Company successfully transferred its listing from Aquis to the Main Market of the London Stock Exchange, reflecting the growth in scale achieved and the Company’s long-term growth ambitions. The Board believes this represents an important milestone, enhancing the Company’s profile, improving liquidity, and providing access to a broader institutional investor base to support the next phase of growth.
Outlook
Looking ahead, the Company remains focused on executing its strategy, strengthening the operating business, progressing its acquisition pipeline, and managing its Bitcoin treasury in a disciplined manner. The Board enters Financial Year 2026 with confidence, supported by a strengthened balance sheet, an expanding operating platform and a clear strategic roadmap for long-term value creation.
Notice of AGM
The Company announces that it will shortly be posting the Notice of Annual General Meeting of the Company along with its annual report for the year ended 31 October 2025 to shareholders and a Form of Proxy. The Company’s Annual General Meeting will be held at Aerospace, Bristol, Hayes Way, Patchway, Bristol, BS34 5BZ on 19 March 2026 at 11.00 a.m.
The Company hopes that shareholders can attend the Annual General Meeting and asks that shareholders review the proposed resolutions and vote either in advance using a Form of Proxy or for shareholdings held through a nominee via their nominee, or at the Annual General Meeting, bringing the correct documentation.
A copy of the notice of Annual General Meeting will shortly be available on the Company’s website at: https://www.smarterwebcompany.co.uk
Availability of Annual Report and New Investor Presentation
The Company’s full Annual Report for the period to 31 October 2025 and an updated investor presentation will shortly be available on its website at:
https://www.smarterwebcompany.co.uk
Andrew Webley, CEO of The Smarter Web Company, commented:
“We are pleased with our full year results, which reflect the company we are building and the clear direction of travel. Our new investor presentation outlines both how far we have come and, importantly, where we are going, and I am looking forward to meeting shareholders at the forthcoming AGM.
The Company has never been in a stronger position, and I am very excited about the opportunities ahead. I would like to thank our shareholders, team and advisers for their continued support as we execute on our strategy and work to deliver long-term value.”
Enquiries:
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The Smarter Web Company CEO Andrew Webley
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+44 (0) 117 313 0459 |
