ITIM

Itim Group PLC

Technology First-pass screen £7.54m

420/1000 Overall fit

AI beneficiary 35% 48

Operating leverage 25% 42

Valuation 25% 30

Downside protection 15% 46

First-pass take

SaaS retailer with 77% recurring revenue launched itimAIQ in 2025, but no revenue forecast yet. EBITDA margin compressed 14%→10% amid retail headwinds; operating loss before exceptionals. ARR grew 9% but total revenue flat. Customer concentration (2 customers = 26%) and cash burn (£1.2m) concerning.

Flags

loss-makingai-launchcustomer-concentrationmargin-compressioncash-burnretail-cycleno-valuation-datamicro-cap