**Summary**
Metir plc, a global leader in fast-response water and environmental monitoring technologies, released a trading update for the financial year ended 31 December 2025 (FY25). Key highlights include
1. **Financial Performance**
Revenues of £1.5 millionup from £0.23 million in 2024.
Year-end cash balance of £1.04 million, bolstered by a £1.0 million fundraise in December 2025.
2. **Operational Highlights**
Strong demand for Microtox® LX instruments, reagents, and Sulphate Reducing Bacteria (SRB) kits.
Continued progress in large-scale potable water monitoring projects, including the Continuous Toxic Monitoring (CTM) installation in Qatar.
Manufacturing capacity constraints in Q4 2025 delayed fulfillment of 10 out of 56 Microtox® LX instrument orders, with delivery expected in early 2026.
3. **Strategic Focus**
Increasing outsourced manufacturing capacity for Microtox® FX instruments to meet rising demand.
Emphasis on driving recurring revenue from high-margin Microtox® reagents.
Relaunched SRB kits saw robust demand, with production temporarily paused for quality control assessment.
4. **Future Growth Initiatives**
Development of proprietary mobile PFAS testing technology in partnership with Swansea University.
Progress on the Cryptosporidium project with Aptamer Group plc for a real-time continuous Pathogen Detector.
5. **Leadership Perspective**
Executive Chairman and CEO Bob Moore highlighted FY25 as a year of strong commercial progress, with enhanced funding and growing international demand positioning the company for accelerated growth and profitability in 2026.
Metir remains focused on scaling manufacturing, expanding its product portfolio, and driving sustainable revenue growth.