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RedCloud Holdings plc

RCT

RedCloud Holdings plc • NASDAQ
$1.70 ▲ 0.00% (+0.00)
Market Cap $75.19 M
52w High $5.36
52w Low $0.80
Dividend Yield 0%
P/E -1.48
Volume 68.07K
Outstanding Shares 44.23M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2024 $15.212M ▲ $21.06M ▲ $-13.414M ▼ -88.179% ▲ $-8.93 ▼ $-10.973M ▼
Q2-2024 $8.038M ▲ $11.886M ▲ $-11.944M ▼ -148.602% ▼ $-0.25 ▲ $-8.269M ▼
Q4-2023 $6.816M ▲ $8.656M ▲ $-8.051M ▲ -118.123% ▲ $-2.1 ▼ $-5.805M ▲
Q2-2023 $3.088M $6.911M $-8.142M -263.66% $-0.24 $-6.993M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2024 $800.735K ▼ $17.56M ▲ $86.33M ▲ $-68.77M ▼
Q2-2024 $2.23M ▲ $9.62M ▲ $54.237M ▲ $-44.617M ▼
Q4-2023 $587.15K $7.337M $29.906M $-22.569M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2024 $-26.827M ▼ $-19.3M ▲ $-2.752M ▼ $18.097M ▼ $-1.398M ▼ $-19.642M ▲
Q2-2024 $-23.888M ▼ $-19.452M ▼ $-1.442M ▼ $21.441M ▲ $2.071M ▲ $-19.74M ▼
Q4-2023 $-16.102M ▲ $-14.171M ▼ $-1.176M ▼ $15.051M ▲ $748.498K ▲ $-14.225M ▲
Q2-2023 $-16.284M $-13.57M $-335.378K $4.012M $-1.663M $-15.114M

Five-Year Company Overview

Income Statement

Income Statement RedCloud is still very much in the “build” phase rather than the “profit” phase. Revenue has recently started to grow from a very low base, which suggests early commercial traction, but the business continues to run at operating and net losses. Those losses have been increasing as the company invests in technology, go‑to‑market, and market expansion. In plain terms: the top line is moving in the right direction, but the company is not yet covering its costs and remains dependent on external funding or future growth to support its operations.

Balance Sheet

Balance Sheet The balance sheet looks thin and stressed. Total assets are small, reported cash is effectively negligible, and debt has grown meaningfully over time. Shareholders’ equity is negative and has deteriorated, which usually signals accumulated losses and a leveraged capital structure. This combination — low assets, rising debt, and negative equity — points to a financially fragile position that leaves little cushion if growth or funding were to disappoint.

Cash Flow

Cash Flow Cash generation is clearly a weakness at this stage. Operating cash flow has been negative for several years and appears to be trending more negative as the company scales, while free cash flow is similarly negative. There is little sign of investment in physical assets, so most cash burn is likely going into operating expenses and product development rather than hard infrastructure. Overall, RedCloud is consuming cash rather than producing it and will likely need continued access to capital until the business model scales.

Competitive Edge

Competitive Edge RedCloud’s competitive story is about specialization, data, and partnerships. It is narrowly focused on the fast‑moving consumer goods supply chain, especially in emerging markets, where systems are fragmented and pain points are acute. Its AI trading platform connects brands, distributors, and retailers on one network, which lets it accumulate proprietary trading data and potentially build strong network effects over time. Deep partnerships with large technology providers strengthen its tech stack and may be hard for smaller rivals to match. The flip side is that scaling such a network is difficult, competition in supply‑chain tech is active, and the company must prove it can turn its early data and relationships into durable, profitable market share.

Innovation and R&D

Innovation and R&D Innovation is the core of RedCloud’s strategy. The company is building an AI‑driven commerce platform with advanced analytics, predictive tools, and conversational interfaces that aim to automate many day‑to‑day trading and inventory decisions. Its roadmap includes a major new release that should make the platform more autonomous and more tightly integrated into customers’ workflows, as well as additional services in payments, logistics, and insurance. This is an ambitious vision that, if executed well, could deepen customer dependence on the platform. However, it is technically complex, relies heavily on third‑party AI infrastructure, and will take time and sustained investment to fully realize.

Summary

RedCloud sits at the intersection of AI, commerce, and supply‑chain modernization, with a clear strategic focus on the FMCG sector in emerging markets and a platform designed to benefit from data and network effects. On the positive side, revenue is starting to grow, the product offering is differentiated, and the innovation roadmap is forward‑looking and well aligned with sector needs. On the risk side, the company is loss‑making, cash‑consumptive, and financially stretched, with negative equity and rising debt. Future performance will hinge on three main uncertainties: how quickly the platform can scale usage and monetization, whether the company can maintain funding through its investment phase, and how effectively it can turn its strong technology and partnerships into a resilient, profitable business model over time.

NEWS

November 25, 2025 · 9:20 AM UTC

RedCloud's CEO Floyd To Join NVIDIA, Google, Amazon, At Exclusive AI Summits in Tokyo and Doha

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November 6, 2025 · 8:30 AM UTC

RedCloud To Use NVIDIA Tech to Target $2.8Bn Saudi Trade Opportunity

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October 31, 2025 · 9:30 AM UTC

RedCloud Holds Signing Ceremony for Saudi Joint Venture, Targeting $61Bn Market with December 2025 Launch

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October 24, 2025 · 8:50 AM UTC

RedCloud CEO to Meet Global Leaders at FII9 Following Strong H1 2025 Performance and Eyes Saudi Market Entry

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October 22, 2025 · 8:55 AM UTC

Leading the AI-Native FMCG Revolution: Justin Floyd to Present RedCloud's Mission at Major Wall Street Investor Events

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