Pathos Communications plc

IPO on AIM

£20m

UK

Background

Strand Hanson advises Pathos Communications plc on its £20m AIM IPO

Strand Hanson is pleased to have acted as Financial and Nominated and Adviser to Pathos Communications plc on their admission to trading on the AIM Market of the London Stock Exchange, with a market capitalisation of £20 million on Admission. The IPO raised £5.6 million, providing capital to support the Company’s next phase of growth and to facilitate a partial sell-down for the founder.

Founded in 2019 by Omar Hamdi, Pathos Communications is a technology-enabled, human-led PR company that democratises access to established media for SMEs through a differentiated “pay-on-results” model, supported by proprietary AI-driven technologies. In 2025, the Company was recognised as the fastest growing advertising and marketing company in the UK by the Financial Times. Pathos has delivered strong, capital-efficient growth, generating over US$28 million in revenue since 2022, with average gross margins of over 79% and a revenue CAGR of 83% from FY22 to FY24.

James Harris, Head of Corporate at Strand Hanson, commented:

“It was a pleasure working with Omar and the wider Pathos team, and congratulations to all involved on this successful IPO. AIM is a highly effective market for ambitious, growth-focused companies like Pathos, providing access to capital, enhanced profile and the flexibility to support long-term international expansion.”

The Strand Hanson team was led by James Harris and Rob Patrick, with the support of Edward Foulkes and Harry Hiley. Congratulations to all involved.

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