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CloudCoCo Group (CLCO) investor relations material
CloudCoCo Group H1 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Executive summary
Completed sale of legacy businesses for £7.9m, enabling full repayment of £6.2m debt and strengthening the balance sheet.
Refocused on e-commerce and IT procurement, with operational momentum building in MoreCoCo and Systems Assurance.
Revenue for H1 2025 was £3.4m, down 21% year-over-year due to temporary vendor issues, but Q3 2025 shows a rebound.
Gross margin improved to 7% (H2 2024: 5%) through better pricing and automation.
Cost reductions and efficiency improvements implemented, with administrative expenses down 13% and PLC costs down 21%.
Financial highlights
Revenue of £3.4m in H1 2025 (H1 2024: £4.3m); 89% from e-commerce sales.
Gross profit stable at £228k; gross margin up to 7% from 6% year-over-year.
Trading Group EBITDA of £26k (H1 2024: £21k), reflecting underlying profitability.
Net cash outflow of £224k; cash balance at £818k after debt repayment and investment.
Profit for the period of £2.77m, driven by £3.55m gain on disposal of subsidiaries.
Outlook and guidance
Focus on scaling trading business to achieve consistent monthly cash generation.
Priorities include improving profitability, growing recurring revenues, and expanding consultancy and partnerships.
Executive Directors have reduced salaries by £100k p.a. from April 2025 to support cost discipline.
Confident in ability to execute strategy and build a cash-generative business despite economic headwinds.
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