RedCloud Signs Up to $30M Saudi Licensing Agreement to Deploy Its RAID Engine Across $68Bn FMCG Market

RedCloud (Nasdaq: RCT) signed a five-year licensing agreement worth up to $30 million to deploy its RAID engine across Saudi Arabia’s $68 billion FMCG market, structured at $6 million per year based on RAID-generated revenues.

Rhea-AI Summary

RedCloud (Nasdaq: RCT) signed a five-year licensing agreement worth up to $30 million to deploy its RAID engine across Saudi Arabia’s $68 billion FMCG market, structured at $6 million per year based on RAID-generated revenues. The deal expands RedCloud’s capital-light JV model, bringing combined contracted JV infrastructure revenue to up to $80 million and follows a prior $50 million Türkiye JV.

RedCloud estimates a $9.4 billion inventory imbalance in Saudi Arabia and positions RAID as a real-time AI layer to improve supply-chain visibility and decisioning aligned with Vision 2030.

Positive

• $30M five-year Saudi licensing agreement (up to $6M/year)
• Targets $68B Saudi FMCG market
• Combined contracted JV infrastructure revenue up to $80M
• Follows $50M Türkiye joint venture, reinforcing scaling model

Negative

• Payments are revenue-contingent, making the $30M figure conditional
• Contract value quoted as "up to" amounts, indicating potential variability

Argus Apr 13 session

+77.19% close to close Open Argus

Details

News Market Reaction – RCT

In the Apr 13 session, RCT gained 77.19%, reflecting a significant positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock surged +77.2% in the session following this news. A strong positive reaction aligns with t...

Analysis

The stock surged +77.2% in the session following this news. A strong positive reaction aligns with the scale and visibility of this Saudi licensing deal, which adds up to $30 million over five years on top of the prior $50 million Türkiye joint venture. Historically, RedCloud’s AI and expansion announcements have produced both rallies and pullbacks, so sustainability would depend on how quickly contracted JV revenue of up to $80 million translates into realized performance and how investors balance this against existing financing arrangements.

Key Figures

Saudi licensing cap: $30 million Agreement term: 5 years Annual structure: $6 million per year +5 more

Saudi licensing cap

$30 million

Five-year RAID licensing agreement in Saudi Arabia

Agreement term

5 years

Duration of Saudi RAID licensing agreement

Annual structure

$6 million per year

Revenue-based structure within Saudi Arabia

Saudi FMCG market size

$68 billion

Target FMCG market addressed by RAID in Saudi Arabia

Inventory imbalance

$9.4 billion

Estimated FMCG inventory imbalance in Saudi Arabia

Türkiye JV value

$50 million

Prior RAID-related joint venture in Türkiye

Contracted JV revenue

$80 million

Combined contracted JV infrastructure revenue

Global supply chain losses

$2 trillion annually

Losses attributed to non-intelligent decisions in supply chains

Historical Context

5 past events · Latest: Apr 07

5 events

1. Apr 07

   Board appointment

   24h Move

   -1.9%

   AI-focused non-executive director supports Türkiye and AI expansion strategy.

2. Mar 31

   AI R&D hub

   24h Move

   +4.5%

   New Türkiye AI hub to industrialise and deploy R.A.I.D. engine.

3. Mar 23

   RAID validation

   24h Move

   +9.3%

   Validated R.A.I.D. on 3.7M FMCG transactions with strong ranking accuracy.

4. Mar 11

   CFO appointment

   24h Move

   +2.1%

   Promotion of strategy executive to CFO to support global expansion.

5. Mar 03

   Customer milestone

   24h Move

   -8.0%

   Surpassing 100,000 customers and activating agentic AI layer.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

fmcg

1 terms

fmcg technical

"targeting one of the world’s most critical and complex FMCG markets"

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Five-year agreement accelerates RedCloud’s capital-light global expansion and positions RAID at the centre of Saudi supply chain transformation

London, UK, April 13, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the company building intelligent infrastructure for global trade, has signed a five-year licensing agreement up to $30 million, to deploy its RAID (Realtime AI for Distribution) engine in the Kingdom of Saudi Arabia, targeting one of the world’s most critical and complex FMCG markets at a time when global supply chains are under increasing pressure from fragmentation, volatility, and shifting trade flows.

Structured at $6 million per year, based on revenues generated by RAID within Saudi Arabia, the agreement supports the development and rollout of RAID across Saudi Arabia’s $68 billion FMCG market¹, targeting systemic inefficiencies in how goods are bought, distributed, and sold.

Saudi Arabia represents one of the most dynamic and structurally complex FMCG markets globally, where fragmented supply chains and limited real-time visibility continue to distort demand and inventory. RedCloud estimates this has created a nearly $9.4 billion inventory imbalance across the Kingdom², driven not by lack of data, but by the inability to act on it at speed and scale.

This agreement will operationalize RedCloud’s joint venture strategy in the region, aiming to combine local market infrastructure with RAID's developing AI-driven intelligence layer to enable real-time, data-led decision-making across supply chains.

The partnership is aligned with Saudi Arabia’s Vision 2030 agenda, supporting the development of a more efficient, digitally enabled, and self-sustaining economy. By embedding intelligent infrastructure into the flow of goods, RedCloud enables faster, more predictable trade, improved product availability, and stronger economic participation across manufacturers, distributors, and retailers.

This marks RedCloud’s second major licensing agreement following its $50 million Türkiye joint venture announced in December 2025, reinforcing the Company’s capital-light model for scaling globally through strategic regional partnerships. RedCloud’s combined contracted JV infrastructure revenue now stands at up to $80 million.

Justin Floyd, CEO and Co-Founder of RedCloud, said, "Global supply chains are losing close to $2 trillion annually to decisions made without intelligence. This agreement brings RAID, our AI infrastructure, into one of the most important and fast-moving FMCG markets in the world.

In the same way NVIDIA's CUDA made AI possible by providing the compute infrastructure that every AI application runs on, RAID provides the intelligence infrastructure that global FMCG trade decisions need. The data required to build RAID took four years to accumulate across six markets. No equivalent dataset has been identified in other contexts, to date.

What we are building is not software. It is intelligence infrastructure that acts. It will enable decisions to be made in real time across fragmented networks, where speed, precision, and adaptability now define competitive advantage.

Following Türkiye, Saudi Arabia represents another step in scaling this model globally, embedding intelligence directly into how trade happens."

Majid Alghaslan, Joint Venture Partner, RedCloud Arabia, added, “Retailers gain better access to supply and choice. Manufacturers and distributors gain the data and intelligence needed to scale. This is foundational infrastructure for the future of trade in Saudi Arabia.”

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 five years, the ability to leverage RedCloud’s future global developments in the use of AI and associated supply chain models through RedAI, the release of RedCloud’s, the development and integration of real-time predictions through RedCloud’s RAID engine. 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.

Footnotes:
[1] Estimated $68Bn Saudi Arabian FMCG Market 2025: https://mobilityforesights.com/product/saudi-arabia-fmcg-market

[2] https://mobilityforesights.com/product/saudi-arabia-fmcg-market [2] Estimated $9.4Bn Saudi Inventory Gap calculated from $2Tn Estimated Global Inventory Gap from IHL Research, applied in proportion to Saudi FMCG Market¹

Contacts:

Investor Relations
Investor.relations@redcloudtechnology.com

Media Relations
media@redcloudtechnology.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is RedCloud's Saudi licensing agreement announced April 13, 2026 (RCT)?

It is a five-year licensing deal worth up to $30 million, structured at $6 million per year. According to the company, payments are based on revenues generated by RAID within Saudi Arabia and target the nation's $68 billion FMCG market.

How does the Saudi deal affect RedCloud's total contracted JV revenue (RCT)?

The agreement brings combined contracted JV infrastructure revenue to up to $80 million. According to the company, this includes the prior $50 million Türkiye joint venture and the newly structured Saudi licensing terms.

What market opportunity is RedCloud targeting with RAID in Saudi Arabia (RCT)?

RedCloud targets Saudi Arabia's $68 billion FMCG market and a claimed $9.4 billion inventory imbalance. According to the company, RAID aims to add real-time intelligence to reduce inefficiencies across manufacturers, distributors, and retailers.

Is the $30 million Saudi payment guaranteed to RedCloud (RCT)?

No — the $30 million is structured as up to $6 million per year and is contingent on RAID-generated revenues. According to the company, payments depend on actual revenue performance within Saudi Arabia.

How does the Saudi agreement fit RedCloud's global expansion strategy (RCT)?

The deal advances a capital-light, JV-based expansion model and scales RAID regionally. According to the company, this follows the Türkiye JV and embeds RAID as an intelligence layer aligned with Saudi Vision 2030.