RedCloud Releases Earnings, Sets $100m Revenue Target After $50m Türkiye Deal, as AI Infrastructure Scales

Rhea-AI Summary

RedCloud (Nasdaq: RCT) reported H1 2025 results and set a $100M revenue target for 2026. Key H1 metrics: revenue $17.9M (+12% YoY), Total Transaction Value $1.2B (+28% YoY), and cumulative trades $5.1B feeding its AI platform.

Balance sheet actions included conversion of $66.9M shareholder loans to equity, elimination of $22.6M convertible debt, a subsequent $13.5M equity raise, and a new £2M revolving credit facility. Liabilities declined to $21.4M from $86.3M (≈$65M reduction).

Strategic items: a Türkiye infrastructure license providing up to $5M per year on a minimum 10-year term with 50% revenue share, joint ventures in Saudi Arabia, and membership in NVIDIA Connect. Full-year 2025 revenue guidance is $51–53M. A conference call is scheduled for Dec 11, 2025, 8:30 AM ET.

Positive

• Revenue $17.9M in H1 2025 (+12% YoY)
• TTV $1.2B in H1 2025 (+28% YoY)
• Liabilities reduced to $21.4M from $86.3M (≈$65M cut)
• Türkiye license: up to $5M/year, minimum 10-year term with 50% revenue share
• $66.9M shareholder loans converted to equity; $22.6M convertible debt eliminated

Negative

• None.

Key Figures

H1 2025 revenue $17.9M Up 12% year-over-year in H1 2025

H1 2025 TTV $1.2B Total Transaction Value, up 28% year-over-year

2025 revenue guidance $51–53M Full-year 2025 company revenue guidance

2026 revenue target $100M Management revenue target for full year 2026

Total liabilities $21.4M Down from $86.3M at prior period

Shareholder loans converted $66.9M Shareholder loans converted to equity

Convertible debt eliminated $22.6M All convertible debt removed from balance sheet

Türkiye license fees Up to $5M per year Minimum 10-year infrastructure license term

Market Reality Check

$1.56 Last Close

Volume Volume 59,705 vs 20-day average 119,958 (relative volume 0.5x), indicating subdued pre-news trading. low

Technical Shares at $1.56, trading below 200-day MA of $1.86 and about 70.9% under the 52-week high.

Peers on Argus

RCT traded independently of sector scanners. Peers were mixed: HKIT up 7.19%, INLX flat, while MFI, NTWK, and NVNI fell between -1.17% and -2.42%, pointing to stock-specific drivers.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 10	Türkiye JV deal	Positive	-3.1%	Signed Türkiye JV to deploy RedAI into $166B FMCG market.
Dec 05	Management change	Positive	-4.2%	Appointed new CFO to support expansion of RedAI platform.
Dec 04	Earnings date set	Positive	+8.4%	Scheduled audited H1 2025 results and highlighted AI milestones.
Dec 02	AI platform update	Positive	-9.0%	Launched upgraded Red101 AI retail trading experience on RedAI.
Nov 25	AI summit participation	Positive	-1.7%	CEO featured at global AI summits alongside major tech firms.

Pattern Detected

Recent history shows the stock often selling off on generally positive strategic and AI-related news, with only one clear positive price reaction out of five events.

Recent Company History

Over the last few months, RedCloud has focused on AI-led expansion and strategic partnerships. Announcements included Saudi and Türkiye joint ventures, AI platform upgrades, and CEO participation at major AI events. Despite positive themes like targeting a $166B Turkish FMCG market and highlighting a $2T inventory gap opportunity, four of the last five news events saw negative next-day moves. Today’s H1 2025 earnings and revenue targets continue this growth and AI-infrastructure narrative.

Market Pulse Summary

This announcement highlights H1 2025 growth with revenue at $17.9M, TTV of $1.2B, and liabilities reduced to $21.4M. Management guided to $51–53M in 2025 revenue and targets $100M in 2026, supported by Türkiye and Saudi expansion and AI infrastructure scaling. Investors may track execution against these targets, sustainability of transaction growth, and ongoing capital needs despite recent loan conversions and new credit facilities.

Key Terms

fmcg technical

"The $14.6 trillion FMCG industry still runs on spreadsheets and phone calls."

FMCG, or fast-moving consumer goods, are everyday products that are sold quickly and at relatively low cost, such as food, drinks, toiletries, and household items. They matter to investors because these products are in constant demand, providing stable sales and cash flow for companies, even during economic ups and downs. Their high turnover makes them a key segment in the consumer market, reflecting broad consumer spending habits.

joint venture financial

"RedCloud Arabia: Launched joint venture with Kayanat Holding, entering the Kingdom's $60 billion FMCG market"

A joint venture is when two or more companies team up to work on a specific project or business idea, sharing both the risks and the rewards. It’s like friends starting a lemonade stand together—each contributes resources and they split the profits, making it easier to succeed than going alone.

convertible debt financial

"All $22.6M of convertible debt eliminated"

A convertible debt is a loan a company takes that gives the lender the option to swap the owed money for a set number of the company’s shares instead of getting cash back. It matters to investors because it can change who owns the company and how much their shares are worth: if lenders convert, existing shareholders can be diluted, but conversion can also signal confidence and reduce a company’s cash pressure — like getting a coupon that can be redeemed for store ownership rather than a refund.

revolving credit facility financial

"New £2M revolving credit facility secured"

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

AI-generated analysis. Not financial advice.

H1 2025: 28% TTV Growth, 12% Revenue Growth, Liabilities Cut by $65M, Turkey Expansion Secured

LONDON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”) the technology company building intelligent infrastructure for global trade today reported first half results, with RedAI platform. In H1, the company added another $1.2 billion in trading volume — up 28% year-over-year. Revenue for H1 2025 reached $17.9 million, up 12% year-over-year. 

For full year 2025, RedCloud expects revenue of $51–53 million. The company is targeting $100 million in revenue for 2026. 

"We doubled our data capture. We launched in Saudi Arabia. We joined NVIDIA Connect. The $14.6 trillion FMCG industry still runs on spreadsheets and phone calls. We're making it algorithmic. The infrastructure is built, now we scale it, that's why we're targeting $100 million revenues next year.” said Justin Floyd, CEO and Co-Founder. 

First Half 2025 Financial Highlights 

Compared to the first half of 2024: 

• Revenue: $17.9 million, up 12% 

• Total Transaction Value: $1.2 billion, up 28% 

• Cumulative Trades: $5.1 billion training our AI 

• Connected Businesses: 68,091, up 110% 

• Distributors: 1,018, up 136% 

• Total liabilities: decreased to $21.4 million from $86.3 million 

Strategic Highlights 

1. Global Expansion Through Capital-Light JVs 

• RedCloud Türkiye: Infrastructure license signed, providing up to $5M per year in license fees, minimum 10-year term, plus a 50% revenue share on all transactional revenue

• RedCloud Arabia: Launched joint venture with Kayanat Holding, entering the Kingdom's $60 billion FMCG market aligned with Vision 2030 

2. AI & Platform Scaling 

• NVIDIA Connect: Joined NVIDIA's partner program to accelerate AI-native infrastructure development 

• AI Training: $5.1 billion in cumulative trades now training RedCloud's algorithms 

3. Balance Sheet strengthening 

• $66.9M of shareholder loans converted to equity 

• All $22.6M of convertible debt eliminated 

• Subsequent to the balance sheet date: 
  • Additional $13.5M equity raised in July; $3.1M from option exercises 

• New £2M revolving credit facility secured 

Outlook 

For full year 2025, company revenue guidance is $51 to $53 million. RedCloud is targeting $100 million in revenue for full year 2026, driven by growth in both our existing markets and the new markets we are entering. 

Earnings Call Information 

RedCloud will host a conference call on December 11, 2025 at 8:30 a.m. Eastern Time. Investors are invited to register to attend at https://investors.redcloudtechnology.com/news-and-events and a replay will be available at  the same link after the event.

About RedCloud Holdings plc

RedCloud’s mission is to build the intelligence infrastructure of global trade, through generation and aggregation of proprietary trading and market data from across the FMCG industry through its RedAI platform (“RedAI”). RedCloud provides market intelligence based on proprietary trading data across categories in each of its markets. The Company also delivers a ‘trading layer’ of products for use by its customers, to enable intelligent digital exchange of everyday consumer supplies of FMCG products across business supply chains, supported by a payments and lending ecosystem intended to streamline trade. RedCloud believes its Platform and associated products and services solve a decades-old problem of how to digitize trade at scale to generate data and intelligence to enable brands, distributors and retailers to maximize business performance across categories in high growth consumer markets.

RedCloud is a British company registered in London, co-founded by British serial entrepreneur Justin Floyd and Algerian born Soumaya Hamzaoui. In March 2025, RedCloud achieved its IPO on New York’s Nasdaq stock exchange under the ticker “RCT”. For more information about RedCloud and its Platform, please visit www.redcloudtechnology.com and connect on LinkedIn.

Forward-Looking Statements

The information in this press release may include forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict, including, but not limited to, the successful execution of its joint venture strategy and launch in Türkiye, or whether the joint venture will be able to generate the targeted revenues over the next ten years, the ability to leverage RedCloud’s future global developments in the use of AI and associated supply chain models through RedAI, the ability for the company to achieve $100m in revenue in 2026. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in RedCloud’s described in “Cautionary Note Regarding Forward-Looking Statements,” “Item 3. Key Information – D. Risk Factors” and “Item 5. Operating and Financial Review and Prospects” in RedCloud’s Annual Report on Form 20-F for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission (the “SEC”) on May 16, 2025, as well as other documents filed by the Company with the SEC. RedCloud undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Information contained on, or that can be accessed through, the Company's website or any other website or any social media is expressly not incorporated by reference into and is not a part of this press release.

Contacts:

Investor Relations
Ryan Flanagan
Investor.relations@redcloudtechnology.com 

Media Relations
media@redcloudtechnology.com

FAQ

What were RedCloud (RCT) H1 2025 revenue and growth rates?

RedCloud reported H1 2025 revenue of $17.9M, a 12% increase year-over-year.

How much Total Transaction Value did RedCloud (RCT) process in H1 2025?

RedCloud reported $1.2B in Total Transaction Value for H1 2025, up 28% YoY.

What is the structure and value of RedCloud's Türkiye deal (RCT)?

The Türkiye infrastructure license provides up to $5M per year on a minimum 10-year term plus a 50% revenue share on transactional revenue.

What guidance did RedCloud (RCT) give for 2025 and 2026 revenue?

RedCloud guided $51–53M for full-year 2025 and is targeting $100M revenue for full-year 2026.

How did RedCloud (RCT) strengthen its balance sheet in 2025?

Actions included conversion of $66.9M shareholder loans to equity, elimination of $22.6M convertible debt, a $13.5M equity raise, and a new £2M revolving credit facility.

When is RedCloud's (RCT) earnings call and where can investors access it?

The earnings call is on Dec 11, 2025 at 8:30 AM ET; registration and replay are available on the company's investor events page.