RCT on Nasdaq
RedCloud Holdings plc
RedCloud Holdings plc is a British retail-retail stores company based in London, listed on Nasdaq (RCT).1
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Last updated Oct 20, 2026.
Overview
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- TickerRCT on Nasdaq1
- IndustryRetail-Retail Stores, NEC1
- HeadquartersLondon, United Kingdom1
- Incorporated inUnited Kingdom2
- Business address50 Liverpool Street, London, X0 Ec2M 7Py2
- Filer categoryNon-accelerated filer, Emerging growth company2
- Legal formOther
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3735. Our agent for service of process in the United States is Puglisi & Associates, 850 Library Avenue, Suite 204, Newark, DE 19711.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs100¢$48.5M
Out of $48.5M in revenue.4 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | $48.5M | $46.5M |
| General and administrative | $10.5M | $3.9M |
| Salaries, benefits, contractor costs | $21.8M | $19.3M |
| Marketing and commissions | $49.1M | $52.9M |
| Travel | $988.1K | $1.9M |
| Professional fees | $2.7M | $2.1M |
| Product and technology development | $4.4M | $3.1M |
| Depreciation and amortization | $2.7M | $1.9M |
| Total operating expenses | $92.1M | $85.1M |
| Net loss from operations | -$43.6M | -$38.6M |
| Interest (income)/expense | $2.2M | $3.1M |
| Other Income | -$1.2M | |
| Gain on Debt Extinguishment | $4.4M | |
| Loss from change in fair-value of convertible shareholder loans | $6.0M | |
| Foreign currency loss | $1.6M | $470.2K |
| Net loss before income taxes | -$46.2M | -$52.6M |
| Income tax benefit | $1.9M | |
| Net loss | -$46.2M | -$50.7M |
| Loss per Share, basic | -$1.03 | -$2.09 |
| Loss per Share, diluted | -$1.03 | -$2.09 |
| Weighted-average common shares outstanding, basic | 45.0M shares | 24.3M shares |
| Weighted-average common shares outstanding, diluted | 45.0M shares | 24.3M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $479.0K | $800.7K | |
| Restricted Cash | $31.9K | ||
| Accounts receivables and other receivables, net | $2.8M | $5.5M | |
| Income taxes receivable | $257.3K | $1.7M | |
| Prepayments | $1.7M | $2.3M | |
| Other current assets | $176.0K | $509.3K | |
| Total Current Assets | $5.3M | $10.8M | |
| Property and equipment, net | $445.0K | $593.4K | $127.1K |
| Intangible assets, net | $6.7M | $6.2M | |
| Investment in Joint Venture | $134.5K | ||
| Total Non Current Assets | $7.3M | $6.8M | |
| Total Assets | $12.7M | $17.6M | |
| Accounts payable | $2.4M | $3.4M | |
| Vouchers payable | $2.9M | $6.5M | |
| Accrued expenses | $2.2M | $3.1M | |
| Value-added tax payable | $233.4K | $32.4K | |
| Other current liabilities | $143.1K | ||
| Shareholder loans payable | $8.1M | $50.1M | |
| Short-term borrowings | $3.8M | $558.2K | |
| Total Current Liabilities | $19.6M | $63.8M | |
| Convertible Shareholder loans, at fair value | $22.6M | $9.4M | |
| Total Non current Liabilities | $22.6M | ||
| Total Liabilities | $19.6M | $86.3M | |
| Common stock 0.002 par value; [79,420,315] shares authorized; 55,318,354 and 25,000,043 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $137.8K | $65.3K | |
| Additional paid-in capital | $183.5M | $74.4M | |
| Accumulated deficit | -$194.7M | -$148.4M | |
| Accumulated other comprehensive income | $4.1M | $5.2M | |
| Total Stockholders Deficit | -$7.0M | -$68.8M | -$22.6M |
| Total Liabilities and Stockholders Deficit | $12.7M | $17.6M | |
| Common stock, par value | 0.00 EUR | 0.00 EUR | |
| Common stock, shares authorized | 79.4M shares | 79.4M shares | |
| Common stock, shares issued | 55.3M shares | 25.0M shares | |
| Common stock, shares outstanding | 55.3M shares | 25.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $479.0K | $800.7K | |
| Restricted Cash | $31.9K | ||
| Accounts receivables and other receivables, net | $2.8M | $5.5M | |
| Income taxes receivable | $257.3K | $1.7M | |
| Prepayments | $1.7M | $2.3M | |
| Other current assets | $176.0K | $509.3K | |
| Total Current Assets | $5.3M | $10.8M | |
| Property and equipment, net | $445.0K | $593.4K | $127.1K |
| Intangible assets, net | $6.7M | $6.2M | |
| Investment in Joint Venture | $134.5K | ||
| Total Non Current Assets | $7.3M | $6.8M | |
| Total Assets | $12.7M | $17.6M | |
| Accounts payable | $2.4M | $3.4M | |
| Vouchers payable | $2.9M | $6.5M | |
| Accrued expenses | $2.2M | $3.1M | |
| Value-added tax payable | $233.4K | $32.4K | |
| Other current liabilities | $143.1K | ||
| Shareholder loans payable | $8.1M | $50.1M | |
| Short-term borrowings | $3.8M | $558.2K | |
| Total Current Liabilities | $19.6M | $63.8M | |
| Convertible Shareholder loans, at fair value | $22.6M | $9.4M | |
| Total Non current Liabilities | $22.6M | ||
| Total Liabilities | $19.6M | $86.3M | |
| Common stock 0.002 par value; [79,420,315] shares authorized; 55,318,354 and 25,000,043 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $137.8K | $65.3K | |
| Additional paid-in capital | $183.5M | $74.4M | |
| Accumulated deficit | -$194.7M | -$148.4M | |
| Accumulated other comprehensive income | $4.1M | $5.2M | |
| Total Stockholders Deficit | -$7.0M | -$68.8M | -$22.6M |
| Total Liabilities and Stockholders Deficit | $12.7M | $17.6M | |
| Common stock, par value | 0.00 EUR | 0.00 EUR | |
| Common stock, shares authorized | 79.4M shares | 79.4M shares | |
| Common stock, shares issued | 55.3M shares | 25.0M shares | |
| Common stock, shares outstanding | 55.3M shares | 25.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$46.2M | -$50.7M |
| Depreciation and amortization | $2.7M | $1.9M |
| Stock-based compensation | $7.8M | $1.3M |
| Bad debt expense | $99.2K | $44.5K |
| Loss from change in fair-value of convertible shareholder loan | $6.0M | |
| Non-cash gain on debt extinguishment | $4.4M | |
| Accrued interest expense on shareholder loans | $199.6K | $2.0M |
| Shareholder loan debt discounts | $192.6K | |
| Unrealised loss/(gains) | -$1.2M | -$488.2K |
| Accounts receivable and other receivables | $2.7M | -$4.0M |
| Prepayments and Other current assets | $942.1K | -$2.7M |
| Accounts payable and vouchers payable | -$4.6M | $7.4M |
| Accrued expenses | -$895.8K | $2.1M |
| Value-added tax payable | $201.1K | -$670.2K |
| Income taxes receivable | $1.4M | -$1.4M |
| Other current liabilities | -$143.1K | $57.4K |
| Net cash used in operating activities | -$37.0M | -$34.7M |
| Purchases of property and equipment | -$147.2K | -$630.0K |
| Purchases of intangible assets | -$3.0M | -$3.3M |
| Acquisition of investment in joint venture | -$134.5K | |
| Net cash used in investing activities | -$3.3M | -$3.9M |
| Proceeds from issuance of common stock | $36.7M | |
| Proceed from issuance of debt (convertible loans) | $7.2M | |
| Proceed from shareholder loan | $27.8M | |
| Proceeds from short-term borrowings | $3.2M | |
| Net cash provided by financing activities | $39.9M | $35.0M |
| Effect of exchange rate changes on cash and cash equivalents | $17.3K | $3.8M |
| Change in cash, cash equivalents and restricted cash during the year | -$353.7K | $245.5K |
| Conversion of Shareholders loans to equity on IPO | $42.1M | |
| Convertible loans to equity | $22.6M |
No quarter-by-quarter statement was filed.
Corporate structure
RedCloud Holdings plc sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of RedCloud Holdings plc
- Christina Elisabeth Byland Filed SCHEDULE 13D/A on RedCloud Holdings plc, latest Sep 2, 2026 (3 filings since Jun 26, 2025)
- Nikolaus Beat Senn Filed SCHEDULE 13D/A on RedCloud Holdings plc, latest Sep 2, 2026 (3 filings since Jun 26, 2025)
- HRK Participations SA Filed SCHEDULE 13D on RedCloud Holdings plc, latest Jun 26, 2025
- RedCloud Holdings plc London, United Kingdom
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What RedCloud Holdings plc reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $889.0K5 Dec 31, 2024 | $337.3K5 Dec 31, 2023 | +163.6% |
| Accumulated depreciation | $295.6K5 Dec 31, 2024 | $210.1K5 Dec 31, 2023 | +40.7% |
| Property and equipment, net | $445.0K4 Dec 31, 2025 | $593.4K4 Dec 31, 2024 | −25.0% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $479.0K4 Dec 31, 2025 | $800.7K4 Dec 31, 2024 | −40.2% |
Intangibles and goodwill
Leadership
Who has led RedCloud Holdings plc, and when. Pick a name to see everywhere that person has worked.
- Chief executive officerJustin Beck Hinton Floyd Mar 24, 2026 to now6
- Chief financial officerDavid Sturgeon Sep 1, 2026 to now7
Board members and other officers (5)
- Chief Product & Comm. OfficerSoumaya Hamzaoui Sep 1, 2026 to now8
- Board memberHans Rudolf Kunz Mar 24, 2026 to now9
- Board memberJustin Beck Hinton Floyd Mar 24, 2026 to now6
- Board memberSoumaya Hamzaoui Sep 1, 2026 to now8
- Board memberNikolaus Beat Senn Sep 2, 2026 to now10
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Chief Financial OfficerRaju Datla named Jun 23, 202611
Timeline
- Mar 24, 2026New chief executive Justin Beck Hinton Floyd becomes CEO6
Filings
115 filings to the SEC since October 2021: 4 annual reports, 7 insider forms, 7 large holders, 1 private raises, 96 other. The latest 20:
- Oct 15, 20266-K EDGAR
- Oct 15, 20266-K EDGAR
- Oct 1, 2026424B3 EDGAR
- Oct 1, 2026424B3 EDGAR
- Oct 1, 2026424B3 EDGAR
- Sep 30, 20266-K EDGAR
- Sep 30, 20266-K EDGAR
- Sep 23, 20264 EDGAR
- Sep 22, 20266-K EDGAR
- Sep 2, 2026SCHEDULE 13D/A EDGAR
- Sep 2, 2026SCHEDULE 13D/A EDGAR
- Sep 2, 20264 EDGAR
- Sep 2, 20263 EDGAR
- Sep 1, 20263 EDGAR
- Sep 1, 20263 EDGAR
- Aug 28, 2026424B3 EDGAR
- Aug 28, 2026424B3 EDGAR
- Aug 28, 2026424B3 EDGAR
- Aug 27, 20266-K EDGAR
- Aug 17, 20266-K EDGAR
The 115 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
2 open-market trades by officers, directors and large owners since October 2021: 2 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 22, 2026 | Floyd Justin Beck HintonChief Executive Officer | Buy | 74,000 | $2.50 | $185.0K | Form 4 |
| Aug 27, 2026 | Senn Nikolaus BeatDirector | Buy | 2,500,000 | $0.25 | $625.0K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Christina Elisabeth BylandSCHEDULE 13D/A, 3 filings Jun 26, 2025 to Sep 2, 202612
- Nikolaus Beat SennSCHEDULE 13D/A, 3 filings Jun 26, 2025 to Sep 2, 202613
- HRK Participations SASCHEDULE 13D, 1 filing Jun 26, 202514
Money raised
Private offerings the company reported to the SEC on Form D.
- Apr 13, 2026Raised $1.4 million in a private offering of equity Form D: $30 million offered in all Form D
SEC filer profile
How RedCloud Holdings plc is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRedCloud Holdings plc1
- CIK0002027360
- Filer statusNon-accelerated filer an emerging growth company; a shell company3
- Incorporated inEngland and Wales3
- Fiscal year endsDecember 311
- Industry code (SIC)5990 Retail-Retail Stores, NEC1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address50 Liverpool Street, London, X0 EC2M 7PY1
- Phone44020775437351
- Shares outstanding68,380,615 as of Jul 20, 202615
- AuditorTurner, Stone & Company, L.L.P, Dallas, Texas PCAOB ID 76; no auditor attestation of internal control over financial reporting3
- On EDGAR sinceAug 2, 20241
- Filings115 in all: 6-K (25), CORRESP (17), 424B3 (10), UPLOAD (9), F-1/A (8), EFFECT (7), F-1 (6), 3 (5)1
All 24 form types
SCHEDULE 13D/A (4), DRS (3), SCHEDULE 13D (3), 20-F (2), 20-F/A (2), 4 (2), DRSLTR (2), NT 20-F (2), 424B4 (1), 424B5 (1), 8-A12B (1), CERT (1), D (1), DRS/A (1), F-3 (1), FWP (1)
- Latest filingsAnnual report (20-F) May 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary shares, par value £0.002 per share | RCT | Nasdaq |
From the cover page of the 20-F filed May 15, 2026 (Section 12(b) of the Exchange Act).3
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 6
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- 9SEC EDGARHans Rudolf Kunz, Board member
- 10SEC EDGARNikolaus Beat Senn, Board member
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- 15