Tap Global shares jump 18% as revenue beats expectations and Tap Earn grows

Finance Written by: Ian Lyall 08:43 Thu 20 Aug 2026 --> Edited by: Ian Lyall Proactive has a commercial relationship with Tap Global Group PLC. This article was produced independently under Proactive's Editorial Standards Policy . Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business output at the Daily... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Tap Global Group PLC ( LSE:TAP ) View Price & Profile Tap Global shares jump 18% as revenue beats expectations and Tap Earn grows Published: 08:43 20 Aug 2026 BST Tap Global Group PLC (LSE:TAP) , the AIM-listed digital finance company, saw its shares rise 18% to 1.30pt, up from a previous close of 1.10p, after it reported stronger-than-expected revenue and a sharp narrowing of its operating loss. The shares opened at 1.20p, compared with a previous close of 1.10p, before reaching 1.30p, according to London Stock Exchange data. Tap reported revenue of approximately £3 million for the year ended 30 June, about 7% above market expectations, despite cryptocurrency exchange volumes falling by more than half during the year. The group’s adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) loss was approximately £260,000, about 80% lower than market expectations of £1.3 million, while its group EBITDA loss was about £55,000. Tap said it was EBITDA-profitable in the second half of the financial year, marking an improvement as the company moved towards its stated goal of sustained profitability. The company’s Tap Earn product, launched in May, also showed strong early growth, with assets under management reaching more than $5.6 million, up 61% in three months. Tap Earn has delivered 15 consecutive weekly payouts and generated approximately $125,000 in yield revenue, equivalent to an annualised gross yield of about 7% on committed capital. Customer deposits have reached $6.9 million since launch, compared with withdrawals of approximately $700,000, indicating that deposits have significantly exceeded withdrawals. Tap had more than 400,000 registered users at 30 June, compared with about 391,000 a year earlier, while cash and cryptoassets totalled £2.15 million. The company said its financial year 2026 performance demonstrated the resilience of its fee-based model during a difficult cryptocurrency market, while financial year 2027 would focus on scaling and sustained profitability. Continue reading