RedCloud Reports Strong First Half Earnings and Sets Ambitious Revenue Targets
LONDON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT), a pioneering technology enterprise focused on creating intelligent infrastructure for global trade, has announced its financial results for the first half of 2025. The company's RedAI platform continues to gain traction, contributing to a remarkable $1.2 billion in trading volume, representing a 28% year-over-year increase. Revenue for the first half reached $17.9 million, marking a 12% growth compared to the previous year.
Financial Highlights and Outlook
RedCloud projects its full-year revenue to fall between $51 million and $53 million and has set an ambitious target of achieving $100 million in 2026. CEO Justin Floyd stated, “We doubled our data capture. We launched in Saudi Arabia. We joined NVIDIA Connect. The $14.6 trillion FMCG industry still runs on spreadsheets and phone calls. We're making it algorithmic.” Floyd emphasized that the infrastructure is in place and now the focus is on scaling.
Key Financial Metrics
- Revenue: $17.9 million, up 12% year-over-year
- Total Transaction Volume: $1.2 billion, up 28% year-over-year
- Cumulative Trades: $5.1 billion training RedCloud’s AI
- Connected Businesses: 68,091, up 110%
- Distributors: 1,018, up 136%
- Total Liabilities: Reduced from $86.3 million to $21.4 million
Strategic Growth Initiatives
RedCloud is leveraging capital-light joint ventures to expand its global footprint. Recent developments include:
- RedCloud Türkiye: An infrastructure license signed to generate up to $5 million yearly in fees, along with a 50% revenue share on transactional earnings over a minimum 10-year term.
- RedCloud Arabia: A joint venture with Kayanat Holding, entering the $60 billion FMCG market in alignment with Saudi Arabia’s Vision 2030.
- NVIDIA Connect: Partnership with NVIDIA to enhance AI-native infrastructure development.
Balance Sheet Improvements
RedCloud’s financial stability has improved significantly. The company has converted $66.9 million of shareholder loans into equity and eliminated $22.6 million of convertible debt. Additionally, subsequent to the balance sheet date, RedCloud raised another $13.5 million in equity and secured a £2 million revolving credit facility.
Upcoming Earnings Call
Investors are invited to join RedCloud’s earnings call on December 11, 2025, at 8:30 a.m. Eastern Time. Registration is available at RedCloud Investors Page, where a replay will also be accessible following the event.
About RedCloud Holdings plc
RedCloud focuses on building intelligent infrastructure for global trade through proprietary trading data aggregation via its RedAI platform. Established to facilitate digital trading solutions in the FMCG industry, RedCloud’s platform allows for enhanced market intelligence and supply chain efficiency. The company is a British entity co-founded by Justin Floyd and Soumaya Hamzaoui, and it went public on the Nasdaq under the ticker RCT in March 2025. For more information, visit www.redcloudtechnology.com or connect on LinkedIn.
Forward-Looking Statements
This article contains forward-looking statements based on management’s expectations and assumptions. Actual performance may differ significantly due to various uncertainties and risks, including the successful execution of joint ventures and the realization of projected revenues. Interested parties are encouraged to review detailed risk factors in RedCloud’s Annual Report filed with the SEC.