Aferian targets 20% revenue growth in FY25 after Amino orders rise
December 19, 2025 11.34 Europe/London By Julian Clover


Aferian has flagged FY25 revenue of around $31.5 million (€26.9 million), up 20% year-on-year, citing strong execution in its Amino business and higher order volumes from existing pay-TV customers, alongside new deployments in Enterprise and Digital Signage.

The AIM-listed B2B video streaming solutions group said it has also received slightly higher levels of advance orders from Amino customers for FY26 than at the same point last year. In 24i, Aferian noted customer attrition during FY25, but said product enhancements – including updates to the 24i video cloud – delivered new customer wins and have “significantly strengthened” the sales pipeline.

At 30 November 2025, Aferian reported net debt of $16.0 million (€13.7 million), including a $2.1 million (€1.8 million) loan from its largest shareholder, Kestrel Partners, which matures on 31 January 2026. The company’s secured senior banking facilities mature on 30 January 2026, following an extension announced on 12 December. Aferian said cash flow and working capital continue to be managed carefully within its facilities.