Business
Half-year Report
Eight Capital Partners PLC reported unaudited interim results for the six months ended 30 June 2025, with revenues increasing to £0.07m from £0.003m in 2024. Operating costs decreased, with general expenses at £0.179m (2024: £0.375m) and staff costs at £0.024m (2024: £0.108m). The company recorded a foreign exchange gain of £1.189m, compared to a £0.535m loss in the previous year. Profit from operations was £0.935m, a reversal from the £1.548m loss in 2024. Profit before taxation was £0.903m (2024: loss of £1.301m). Net assets significantly increased to £33.1m (June 2024: £11.5m). The company implemented a Capital Reorganisation, reducing shares from 187,451,704,000 to 46,862,926, and converted €1.08m of bonds into 810,325 ordinary shares, eliminating its bond liability. Disclaimer*
About this update from Eight Capital Partners Plc
[{"type":"text","content":"\n\n24 September 2025\n \nEIGHT CAPITAL PARTNERS PLC\n \n(\"Eight Capital\" \"ECP\" or the \"Company\")\n \nUNAUDITED INTERIM REPORT FOR THE SIX MONTHS ENDED 30 JUNE 2025\nEight Capital Partners plc (AQSE: ECP), the financial services operating company that aims to grow shareholder value through businesses engaged in \"Fintech\" operations including in the digital banking-lending, asset management and advisory sectors announces its interim statement for the half year ending 30 June 2025. Comparative figures are shown for the comparable period in the previous financial year unless otherwise stated:\nChairman's Interim Report\nI am pleased to present the Company's interim results to 30 June 2025.\nFor the six months ended 30 June 2025, the Company reported revenues of £0.07m compared with £0.003m for the equivalent period in 2024. The increase reflects higher levels of transaction-led activity, although revenues remain subject to volatility inherent in the advisory segment of the Group's business model.\nOperating costs were tightly controlled, with general expenses reduced to £0.179m (2024: £0.375m) and staff costs down to £0.024m (2024: £0.108m). Legal and professional fees also decreased materially to £0.050m (2024: £0.159m).\nForeign exchange movements materially influenced performance. In 2025, the Company recorded a foreign exchange gain of £1.189m on the retranslation of the euro denominated financial instruments received following the sale of the 1AF2 Bond (2024: £0.535m loss).\nProfit from operations was £0.935m, reversing the prior period's operating loss of £1.548m.\nAfter finance costs of £0.032m (2024: £0.047m) and no finance income (2024: £0.294m), profit before taxation was £0.903m (2024: £1.301m).\nThe net asset position of the Company has strengthened significantly. Net assets increased to £33.1m (30 June 2024: £11.5m), largely attributable to the write back of part of the value of the financial instruments received following the sale of the 1AF2 Bond, as described in the results for the 12 months to 31 December 2024.\nDuring the period the Company disposed of all of its holding of shares in Evrima plc.\nIn January 2025 the Company implemented a Capital Reorganisation to reduce the number of shares in issue and simplify the capital structure. Following the Capital Reorganisation th...