FOR IMMEDIATE RELEASE: 24 January 2024
For Immediate Release:
London, 29 September 2025 – Shipergy Ltd, a global marine fuel trading and digital solutions company, today announced its audited results for the financial year ended 31 March 2025, highlighting a year of strong financial performance and resilience in challenging market conditions.
- Gross profit more than doubled year-on-year, rising over 100% to US$3.2m.
- Profitability achieved despite doubling the size of the team and continuing to invest in software and internal infrastructure.
- Liquidity strengthened, with cash reserves almost tripling from US$2.2m to US$6.3m.
- Revenue stable at US$183.4m – despite average VLSFO prices falling from US$650 to US$550/MT, underlining significant growth in trading volumes.
- Continued investment in software innovation and international expansion, including new operations in Greece and Dubai.
Daniel Rose, CEO of Shipergy, said:
“Gross profit growth of over 100% is a standout achievement for Shipergy in a very challenging operating environment. Holding revenues steady while fuel prices fell demonstrates the strength of our client base and the growth of our traded volumes. At the same time, we achieved profitability and strengthened liquidity, all while continuing to invest heavily in people, technology, and new markets. These results prove that our strategy is working, and we are building a platform for sustainable long-term growth.”
For more information about Shipergy please visit www.shipergy.com.
