RedCloud Holdings plc (RCT) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 28, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 20-F/A for FY2025, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the RCT SEC filings page.
RedCloud Holdings plc (RCT) reported $48.5M in revenue for fiscal year 2025, up 4.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue expanded, but operating costs remained above sales, leaving the company dependent on financing while liabilities still exceeded assets.
The near match between FY2025 operating cash flow of-$37.0M and free cash flow of-$37.1M shows that the cash deficit came mainly from ongoing operations, not reinvestment. Capital expenditures were only$147K , so spending to build or maintain assets was not the primary cash drain.
Revenue grew
Liabilities fell
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed: here 5 of 6, with the others left out rather than counted as zero. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of RedCloud Holdings plc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
RedCloud Holdings plc held $479K in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $37.0M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and RedCloud Holdings plc scores 1/100 among other emerging companies.
RedCloud Holdings plc had 55M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and RedCloud Holdings plc scores 18/100 among other emerging companies.
Not available for RedCloud Holdings plc, so it is left out of the overall score, which averages the 5 of 6 dimensions that can be computed.
RedCloud Holdings plc reported revenue of $48.5M in fiscal year 2025, against $46.5M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and RedCloud Holdings plc scores 80/100 among other emerging companies.
RedCloud Holdings plc's operations used $37.0M of cash in fiscal year 2025, against $34.7M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and RedCloud Holdings plc scores 24/100 among other emerging companies.
RedCloud Holdings plc's cash, cash equivalents and investments came to $479K at the end of fiscal year 2025, against $19.6M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and RedCloud Holdings plc scores 6/100 among other emerging companies.
RedCloud Holdings plc scores -30.28, below the 1.81 distress threshold. The score is pulled down most by an accumulated deficit of $194.7M against total assets of $12.7M. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
RedCloud Holdings plc passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
RedCloud Holdings plc reported a net loss of $46.2M while operations used $37.0M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
RedCloud Holdings plc generated $48.5M in revenue in fiscal year 2025. This represents an increase of 4.3% from the prior year.
RedCloud Holdings plc's EBITDA was -$43.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. The change from the prior year is not meaningful, because that figure was zero or negative.
RedCloud Holdings plc reported a net loss of $46.2M in fiscal year 2025. The change from the prior year is not meaningful, because that figure was zero or negative.
RedCloud Holdings plc earned -$1.03 per diluted share (EPS) in fiscal year 2025.
Cash & Balance Sheet
RedCloud Holdings plc recorded an outflow of $37.1M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
RedCloud Holdings plc held $479K in cash as of fiscal year 2025; no long-term debt figure is on record for that period.
Not reported for fiscal year 2025.
Margins & Returns
RedCloud Holdings plc's operating margin was -89.9% in fiscal year 2025, reflecting core business profitability. This is down 6.8 percentage points from the prior year.
RedCloud Holdings plc's net profit margin was -95.3% in fiscal year 2025, showing the share of revenue converted to profit. No change is given against fiscal year 2024: its reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
RedCloud Holdings plc invested $147K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 76.6% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
RCT Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F/A | FY2420-F/A | FY2320-F |
|---|---|---|---|
| Revenue | $48.5M+4.3% | $46.5M+134.8% | $19.8M |
| SG&A Expenses | $59.6M+4.9% | $56.8M+120.6% | $25.8M |
| Operating Income | -$43.6Mn/m | -$38.6Mn/m | -$25.6M |
| EBITDA | -$43.3Mn/m | -$38.4Mn/m | -$24.4M |
| Income Tax | N/A | -$1.9Mn/m | -$402K |
| Net Income | -$46.2Mn/m | -$50.7Mn/m | -$32.4M |
| EPS (Basic) | -$1.03 | -$2.09n/m | -$1.69 |
| EPS (Diluted) | -$1.03 | -$2.09n/m | -$1.69 |
| Diluted Shares (Avg) | 45M | 24M+26.7% | 19M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
RCT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F/A | FY2420-F/A | FY2320-F |
|---|---|---|---|
| Total Assets | $12.7M-27.9% | $17.6M+139.3% | $7.3M |
| Current Assets | $5.3M-50.5% | $10.8M+317.5% | $2.6M |
| Cash & Equivalents | $479K-40.2% | $801K+44.3% | $555K |
| Short-Term Investments | $0n/m | $0n/m | $0 |
| Accounts Receivable | $2.8M-49.9% | $5.5M+242.1% | $1.6M |
| Long-Term Investments | $0n/m | $0n/m | $0 |
| Total Liabilities | $19.6M-77.3% | $86.3M+188.7% | $29.9M |
| Current Liabilities | $19.6M-69.2% | $63.8M+210.7% | $20.5M |
| Non-Current Liabilities | $0-100.0% | $22.6M+140.5% | $9.4M |
| Total Equity | -$7.0Mn/m | -$68.8Mn/m | -$22.6M |
| Retained Earnings | -$194.7Mn/m | -$148.4Mn/m | -$97.7M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
RCT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2520-F/A | FY2420-F/A | FY2320-F |
|---|---|---|---|
| Operating Cash Flow | -$37.0Mn/m | -$34.7Mn/m | -$22.0M |
| Depreciation & Amortization | $296K0.0% | $296K-76.3% | $1.2M |
| Stock-Based Compensation | $7.8M+513.5% | $1.3M+1752.7% | $69K |
| Capital Expenditures | $147K-76.6% | $630K+522.6% | $101K |
| Free Cash Flow | -$37.1Mn/m | -$35.3Mn/m | -$22.1M |
| Investing Cash Flow | -$3.3Mn/m | -$3.9Mn/m | -$1.6M |
| Financing Cash Flow | $39.9M+13.8% | $35.0M+77.0% | $19.8M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
RCT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Return on Equity, Debt-to-Equity, Liabilities-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$7.0M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.27), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| RedCloud Holdings plc RCT | FY2025 | $48.5M | -$46.2M | -95.3% | $5.0M | 26/100 |
| mF International Limited MFI | FY2025 | $4.3M | $10.1M | N/A | $421.0M | 37/100 |
| Intellinetics, Inc. INLX | FY2025 | $16.6M | -$1.9M | -11.3% | $18.4M | 34/100 |
| NetSol Technologies, Inc. NTWK | FY2026 | $78.1M | $3.0M | 3.8% | $99.2M | 62/100 |
Where RedCloud Holdings plc Ranks
Frequently Asked Questions
What is RedCloud Holdings plc's annual revenue?
RedCloud Holdings plc (RCT) reported $48.5M in total revenue for fiscal year 2025. This represents a 4.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is RedCloud Holdings plc's revenue growing?
RedCloud Holdings plc (RCT) revenue grew by 4.3% year-over-year, from $46.5M to $48.5M in fiscal year 2025.
Is RedCloud Holdings plc profitable?
No, RedCloud Holdings plc (RCT) reported a net loss of $46.2M in fiscal year 2025, with a net profit margin of -95.3%.
What is RedCloud Holdings plc's EBITDA?
RedCloud Holdings plc (RCT) had EBITDA of -$43.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is RedCloud Holdings plc's operating margin?
RedCloud Holdings plc (RCT) had an operating margin of -89.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is RedCloud Holdings plc's net profit margin?
RedCloud Holdings plc (RCT) had a net profit margin of -95.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is RedCloud Holdings plc's free cash flow?
RedCloud Holdings plc (RCT) recorded an outflow of $37.1M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is RedCloud Holdings plc's operating cash flow?
RedCloud Holdings plc (RCT) recorded an outflow of $37.0M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are RedCloud Holdings plc's total assets?
RedCloud Holdings plc (RCT) had $12.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are RedCloud Holdings plc's capital expenditures?
RedCloud Holdings plc (RCT) invested $147K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is RedCloud Holdings plc's current ratio?
RedCloud Holdings plc (RCT) had a current ratio of 0.27 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is RedCloud Holdings plc's return on assets (ROA)?
RedCloud Holdings plc (RCT) had a return on assets of -365.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is RedCloud Holdings plc's P/E ratio?
RedCloud Holdings plc (RCT) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $5.0M as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is RedCloud Holdings plc's price-to-sales ratio?
RedCloud Holdings plc (RCT) trades at 0.1x sales, its market capitalization divided by $48.5M revenue, FY2025. The market capitalization is $5.0M as of Oct 28, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does RedCloud Holdings plc's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, RedCloud Holdings plc (RCT) held $479K in cash, cash equivalents and investments, and reported an operating cash outflow of $37.0M over that year. Dividing the one by the other, the reported balance equals about 0 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is RedCloud Holdings plc's debt-to-equity ratio negative or not reported?
RedCloud Holdings plc (RCT) has negative shareholder equity of -$7.0M as of fiscal year 2025, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is RedCloud Holdings plc's Altman Z-Score?
RedCloud Holdings plc (RCT) has an Altman Z-Score of -30.28, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is RedCloud Holdings plc's Piotroski F-Score?
RedCloud Holdings plc (RCT) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are RedCloud Holdings plc's earnings high quality?
RedCloud Holdings plc (RCT) reported a net loss of $46.2M while operations used $37.0M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is RedCloud Holdings plc?
RedCloud Holdings plc (RCT) scores 26 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is the average of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. For RedCloud Holdings plc it averages the 5 of 6 dimensions that can be computed; the others are left out rather than counted as zero. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.