SEEEN Plc (AIM:SEEN) on Wednesday said it wholly-owned subsidiary GTChannel has signed a reseller partnership with Breeze Financial, a subsidiary of Canadian merchant bank Intercap, and secured $700,000 of non-dilutive growth financing, in a deal the AIM-listed Smart Video technology company expects to be earnings accretive in 2027.
The agreement, entered into on 10 November, adds a new reseller channel for GTChannel's Creator Service Partner (CSP) business, which uses SEEEN's technology to help content creators drive growth; CSP revenue has more than doubled from $2m in 2023 to approximately $4.8m in 2025.
Breeze finances content creator channels and will use SEEEN's CSP platform in that process, committing to deliver creator channels representing $600,000 in annualised revenues for GTChannel within two months, a contribution SEEEN says represents at least 10% growth in GTChannel revenues for 2027 over expected 2026 levels.
Breeze stands to receive a warrant over 1.5m shares of 0.1p each if it introduces channels delivering an average of $350,000 in monthly revenue over three months, equivalent to $4.2m in annualised revenues, to GTChannel.
The warrants carry an exercise price of 10p per share, valid for two years after the revenue target is met, and would bring SEEEN £150,000 if exercised in full.
Breeze has also agreed to provide GTChannel with $700,000 of financing over a two-year term, with total repayments of $860,000, secured against CSP revenues.
SEEEN said the combination of profits from the new channels, delivered without additional overhead spending, and reinvestment of the financing means interest payments will be covered in 2027 before accounting for further growth from the reseller agreement.
"We are delighted to announce this 'win-win' strategic partnership with Breeze and Intercap, which provides a strong start for 2027 growth, as we seek to build on our track record of more than 40% compounded annual revenue growth," said Adrian Hargrave, chief executive of SEEEN.
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Hargrave added that the tie-up lets the group sell its products to new content creators without extra marketing spend, while it concentrates direct sales efforts on licensing to business customers in sports, e-commerce and education, an area he linked to the group's acquisition of MEDIAL earlier this year.
The deal follows SEEEN's five-year principal-partner agreement with rugby league club Bradford Bulls, announced in May, under which the company is rolling out its Century Club Smart Video platform for digital collectibles and heritage activations, part of a broader push to commercialise its interactive video technology across sports, education and content-creator markets.