Shares in SEEEN plc (AIM:SEEN) leapt 29% on Thursday after the media technology group reported rapid revenue growth, a return to cashflow breakeven and a confident outlook for the rest of the year.
The company, which uses artificial intelligence to highlight key moments in video content, said revenues grew 48% in 2024 to $3.04 million and accelerated further in the first half of 2025, up more than 80% to $2.1 million.
It also reported achieving monthly operating cash flow breakeven.
Management highlighted strong demand from technology and YouTube services customers, alongside what could be SEEEN’s largest ever contract, with an expected annual value of $3.5 million.
Chief executive Adrian Hargrave said the company had “a stronger customer pipeline” and was confident of continued growth.
The shares were up a penny at 4.5p.