Business
Interim Report
Red Capital PLC reported its unaudited condensed interim results for the six months ended 30 June 2025. The Group's loss after taxation was £99,548, a slight decrease from the £110,517 loss in the same period of 2024. The operating expenses were £99,802, compared to £111,803 in the previous year. The Group's loss per share remained at £0.01. Red Capital's cash balance decreased to £40,765 as of June 30, 2025, from £160,427 at the end of 2024. The company held its Annual General Meeting on June 18, 2025, where all resolutions were unanimously passed. The directors do not anticipate declaring any dividends in the foreseeable future. Disclaimer*
About this update from Red Capital Plc
[{"type":"text","content":"\n\n29 September 2025\nRED CAPITAL PLC\nInterim Report for the six months ended 30 June 2025\nRed Capital Plc (LSE: REDC, \"Red\" or the \"Company\") announces its unaudited condensed interim results for the six month period to 30 June 2025.\nStrategy\nRed was established in 2021 to undertake one or more investment and / or acquisition opportunities of businesses operating within the UK or internationally across certain sectors. \nThe Company retains a flexible investment and acquisition strategy which will, subject to appropriate levels of due diligence, enable it to deploy capital in target companies by way of minority or majority investments, or full acquisitions where it is in the interests of shareholders to do so.\nThe Company's strategic aim is to drive shareholder value through the acquisition of target companies in certain sectors where the Board believes there to be sustainable growth opportunities both organically, and through acquisition. Sectors of particular focus include business services and technology.\nThe Company is the parent company of Red Capital Subco Limited (a private limited company under the laws of Jersey with registered number 134741) and together will be referred to as the \"Group\" in these accounts.\nResults and developments in the six month period to 30 June 2025\nThe Group's loss after taxation was £99,548 (six month period to 30 June 2024: loss of £110,517). This principally reflected operating expenses incurred as a listed business of £99,802 (six month period to 30 June 2024: £111,803).\nThe Group generated a loss per share of £0.01 (six month period to 30 June 2024: loss per share of £0.01).\nAs a result of tight cost control and moderate operating expenses, as at 30 June 2025, Red's cash balance was £40,765 (31 December 2024: £160,427).\nOn 18 June 2025, the Company held its Annual General Meeting in which all resolutions were unanimously passed.\nRisks\nAs the Company has yet to complete an investment or acquisition, it has limited financial statements and / or historical financial data, and limited trading history. As such, the Group and Company during the period were subject to the risks and uncertainties associated with an early-stage acquisition company.\nThe Directors are of the opinion that these risks, which were detailed further in Red's published final results for the financi...