MotorK plc (AMS: MTRK) (“MotorK”, the “Group” or the “Company”), a leading SaaS provider to the automotive retail industry in the EMEA region, released today a trading update for the fourth quarter (“Q425”) and full year ended December 31, 2025 (“FY25”), confirming the successful execution of its profit-first strategy.
In 2025, MotorK completed a decisive operational transformation, to unlock long-term operating scalability and profitability, and reset its financial baseline. This discipline is validated by the stability of the Committed Annual Recurring Revenue (CARR) and the achievement of Cash EBITDA positivity in the second half of the year, proving the structural sustainability of the business model.
Preliminary Financial Highlights
- CARR: MotorK closed the year with a CARR of €36.7 million (vs. €36.6 million in FY24). This represents a sanitized, high-quality recurring revenue base that has proven resilient against market headwinds, serving as a fortified foundation for future scale.
- Revenue: FY25 Revenue reached €40.9 million (vs. €40.3 million in FY24), validating the mission-critical nature of the SparK platform. The revenue mix remains heavily weighted towards recurring streams, confirming the success of the Group’s strategy to embed deep into customer workflows.
- Cash EBITDA: MotorK delivered a structural profitability shift, improving Cash EBITDA to negative €2.1 million for FY25, a dramatic improvement from negative €8.8 million in FY24. Crucially, the Group achieved positive Cash EBITDA on a quarterly basis throughout the second half of the year, confirming that the core business is now profitable and operationally efficient.
Outlook
Looking ahead, MotorK enters 2026 with a cash-positive operating model now proven and a robust €13 million pipeline, and is uniquely positioned to execute on geographic expansion and drive high-margin growth through its AI platform capabilities. Considering the above, the Board of Directors continues to evaluate various strategic opportunities and initiatives aimed at maximizing value for its shareholders.
MotorK will publish full FY 25 Preliminary Financial Results on March 5, 2026