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MARKETS / NASDAQ / RCT
NASDAQ · RETAIL-RETAIL STORES, NEC · SMALL CAP

RedCloud Holdings PLC RCT

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$48.5M
▲ 4.4% YoY
$-46.2M
$-37.1M
In brief

What this company does

RedCloud Holdings plc has developed and operates the RedAI infrastructure and associated products, facilitating the trading of everyday consumer supplies of FMCG products across business supply chains in Nigeria, South Africa, Argentina, Brazil and through joint ventures in Turkiye and Saudi Arabia. For the year ended December 31, 2025, the company generated revenue of approximately $48.5 million, a 4.4% increase year-on-year, with TTV growing 31% to $3.2 billion, served across a network of over 1,017 active distributors and 68,089 active retailers. The RedAI infrastructure has to date been sold on a consumption-based model, with transaction-based revenue charged to brands and distributors. The Platform enables structured data exchange across the FMCG value chain, allowing participants to move away from fragmented and manual procurement processes toward a more data driven and coordinated trading environment. The company currently operates in Argentina, Brazil, Nigeria, and South Africa, which are high consumer growth markets, and plans to expand to additional countries in the future. RedAI is an intelligent infrastructure and associated products that provides FMCG manufacturers, distributors and retailers with a faster, more intuitive way to trade effectively with each other to ensure the right products reach shelves, in appropriate quantities and at the right time.

Written from the business description in RedCloud Holdings plc's annual report to the U.S. Securities and Exchange Commission, filed 15 May 2026. Every sentence was checked against that document before publication.

Growth
USD 48.5M
Revenue, FY2025 · full 3-year series below
Revenue $M Net income $M
FY2025 · Revenue 48.5 · Net income -46.2
20M40M-20M-40M202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−95 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -89.8% · Net -95.3%
-50%-100%-150%202320242025
ROE

Not applicable: equity was negative in this period, so return on equity has no meaning.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -37.1
-20M202320242025

Total assetsUSD 12.7M
EquityUSD -7.0M
CashUSD 478,983.00
Gross debtUSD 3.8M
Net debtUSD 3.3M
Current ratio0.27×

Equity was negative — liabilities exceeded assets. No ratio is shown.

The 3-year record
3 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023
Revenue $B0.00.00.0
Operating income $B−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0
Income tax $B·−0.0−0.0
Net income $B−0.0−0.1−0.0
Free cash flow $B−0.0−0.0−0.0
EPS, diluted $−1.03−2.09−1.69
Dividend / sh $···
Payout %···
ROE %···
Shares out B0.060.030.02

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 12 reconciliationsAUDITED

Reconciled in 3 of 19 fiscal years. 64 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityRetail-Retail Stores, NEC
Listed onNASDAQ
Incorporated inoutside the United States — SEC code X0
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2023

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