RedCloud Holdings Files FY25 20-F; Reaffirms 2026 Revenue Guidance of $120 Million
Rhea-AI Summary
RedCloud Holdings (Nasdaq: RCT) filed its FY25 Form 20-F and reaffirmed 2026 revenue guidance of $120 million. Audited FY25 revenue was $48.5 million. Platform transaction value reached $3.2 billion, up 31% YoY, with cumulative RedAI trades of $6.9 billion.
Nigeria revenue grew 68% YoY, supported by more active distributors and better unit economics. RedCloud is scaling a capital-light JV and licensing model, with contracted value of up to $80 million across Türkiye and Saudi Arabia, and ongoing RAID engine deployment and validation.
Positive
- FY25 audited revenue of $48.5 million reported
- Nigeria revenue increased 68% year-over-year
- Platform transaction value reached $3.2 billion, up 31% YoY
- RedAI cumulative infrastructure trades totaled $6.9 billion
- 2026 revenue guidance of $120 million reaffirmed
- Türkiye JV with contracted value of up to $50 million
- Saudi Arabia five-year licensing agreement worth up to $30 million
- Combined contracted JV and licensing value up to $80 million across Türkiye and Saudi Arabia
Negative
- None.
News Market Reaction – RCT
In the May 18 session, RCT declined 0.08%, reflecting a mild negative market reaction. Argus tracked a peak move of +13.7% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 13 | AI JV intent | Positive | -2.1% | Announced intent for capital-light JV with ACA Capital in South Africa. |
| May 06 | Executive hire | Positive | +0.2% | Appointed CRO to scale RAID via JV model across new markets. |
| Apr 28 | AI agents launch | Positive | -5.5% | Unveiled three specialist AI agents trained on $6.9B FMCG data. |
| Apr 20 | JV deployment | Positive | +0.1% | Highlighted RAID deployment and up to $80M Turkey/Saudi JV value. |
| Apr 17 | Nasdaq notice | Negative | +0.1% | Disclosed Nasdaq minimum bid-price deficiency and compliance deadline. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent AI/JV-related announcements have often seen muted or negative price reactions, even when operationally positive, while regulatory/ listing-risk news has not consistently led to selloffs.
Over the last few months, RCT has focused on expanding its RedAI and RAID infrastructure via capital-light joint ventures and specialist AI agents, including Turkey and Saudi deals of up to $80 million and a planned South Africa JV. Despite these seemingly positive AI and JV milestones, several announcements saw flat or negative one-day moves. The April $1 minimum bid-price notice highlighted listing risk, while today’s 20-F-linked update combines audited $48.5 million 2025 revenue with reaffirmed $120 million 2026 guidance.
Key Terms
form 20-f regulatory
joint venture financial
licensing agreement financial
fmcg technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Audited FY25 Revenue of
Nigeria Revenue +
Capital-Light JV Model Scaling Across Türkiye and Saudi Arabia
London, May 18, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), the technology company building intelligent infrastructure for global trade, filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025, and reaffirms its 2026 revenue guidance of
Audited full-year 2025 revenue was
FY25 Financial and Operational Highlights
- Audited revenue of
$48.5 million for the year ended December 31, 2025 - Nigeria revenue +
68% YoY, driven by expansion of number of active distributors and improving unit economics $3.2 billion in total transaction value across the platform during 2025, up31% year-over-year$6.9 billion 1 in cumulative infrastructure trades training the RAID engine
2026 Outlook
The Company is reaffirming its 2026 revenue guidance of
Joint Venture and Deployment Momentum
RedCloud’s capital-light JV and licensing model is we are opening three high-growth corridors, with combined contracted value of up to
- RAID R&D validation: In March 2026, RAID outperformed industry benchmarks for accuracy across 3.7 million live FMCG transactions in a developmental R&D validation.
- Türkiye: Up to
$50 million JV with a leading national distributor; RAID engine in deployment phase in Türkiye - Saudi Arabia: Up to
$30 million five-year licensing agreement to deploy RedAI and RAID across the$68 billion 2 Saudi FMCG market (April 2026) - South Africa: Intent to form a JV with ACA Capital announced May 13, 2026, addressing a
$221 billion 3 FMCG market and a network of 140,000+ traditional trade outlets4 (May 2026) - JV Expansion Strategy: Vikram Sharma appointed CRO, Infrastructure (May 2026), with sole mandate to scale the JV pipeline
Justin Floyd, Founder and CEO of RedCloud, said, “Nigeria is compounding at
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 initial public offering 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.
Footnotes
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4 140,000+ traditional trade outlets in South Africa – NielsenIQ, State of the Retail Nation, 2025 full year analysis, March 2026.
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 the joint venture with ACA Capital and the deployment of the RedAI platform across southern African markets, the ability to successfully develop and deploy RAID and the three RedAI Specialist Agents, the ability to scale RedCloud’s capital-light joint venture and licensing model into existing and additional markets and generate revenue, and the Company’s ability to achieve its stated 2026 revenue target of
Contacts
Investor Relations
Investor.relations@redcloudtechnology.com
Media Relations
media@redcloudtechnology.com
