MicroSalt (AIM:SALT) updated its FY26 sales guidance to US$4.5m as it published final results for the year ended 31 December 2025.
For the last year, the low-sodium salt maker recorded revenue of US$2.1m, up from US$0.75m in 2024, and reduced its net loss to US$3.2m from US$5.8m, as B2B volumes rose.
Bulk B2B sales made up 89% of revenue and were driven by repeat orders from major snack and seasoning customers, with one customer contributing c.US$1.7m in FY25 and management projecting North American volumes of c.US$2.6m in 2026 and US$8m in 2027.
"Reflecting the rollout plans already underway, we are updating our FY 2026 sales guidance to US$4.5 million," Rick Guiney, CEO.
Year-end borrowings amounted to US$2.9m, inventories were US$0.6m and trade receivables stood at approximately US$0.5m.
In 2025, Microsalt completed fundraises totalling US$5.6m.
Looking ahead, it has reaffirmed its 2027 sales estimate of US$15m and said a full in-store rollout with key partners remains on track for January 2027 - meanwhile, it also continues R&D and new product work.