Business
Interim Results
Equipmake Holdings PLC reported interim results for the six months ended 30 November 2025, with revenue of £1.44 million, a decrease from the prior period's £1.94 million, alongside a reduced loss before taxation of £2.8 million compared to £4.3 million previously. Administrative expenses were significantly cut by 35% to £1.9 million, and cash reserves stood at £0.72 million. The company secured new orders totaling £5.45 million from Agrale and £0.55 million from Seahorse Amphibious Vehicles, and post-period, a further £3.0 million investment from Caterpillar Ventures Capital Inc. was agreed, alongside an additional £2.4 million order from Agrale, bringing the current orderbook to approximately £10.7 million. Disclaimer*
About this update from Equipmake Holdings Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"). \n \n27 February 2026\nEquipmake Holdings plc\n \n(\"Equipmake\", the \"Company\" or together with its subsidiaries the \"Group\")\n \nInterim Results for the six months ended 30 November 2025\n \nEquipmake, a market leader in engineering-driven differentiated electrification technologies, products and solutions across the automotive, truck, bus and speciality vehicle industries, announces its unaudited results for the six months ended 30 November 2025 (\"H126\" or the \"Period\"). \n \nFinancial Highlights \n· Reflecting the Company's revenue recognition policy and the expected weighting of FY26 revenue to the second half, revenue of £1.44 million (H125: £1.94 million as restated excluding grant revenue). \n· Total underlying cash based administrative expenses in the Period reduced by 35% to £1.9 million (H125 £2.9 million) reflecting cost reduction measures undertaken in FY25. \n· Loss before taxation of £2.8 million (H125: loss of £4.3 million). \n· Cash as at 30 November 2025 of £0.72 million (30 November 2024: £2.0 million). \n \nOperational Highlights \n· The Period was the first following the formal strategic review process with the Group benefiting from decisive restructuring and refocusing activities, including a significant reduction in the Group's cost base. \n· Group activities focused on three business areas: off-highway, on-highway and aerospace and defence, with revenue generating activities and strategic partnerships in all areas \n· Further £5.45 million order received from Agrale S.A (\"Agrale\") for zero emission drivetrain kits with income starting post Period end. \n· Purchase order worth £0.55 million from Seahorse Amphibious Vehicles Limited, the designer, manufacturer and supplier of amphibious passenger vehicles. \n· Significant progres...