Quantum Data Energy (QDE) H1 2025 earnings summary

Executive summary

• Revenue for the first six months of 2025 reached £727,488, up 260% year-over-year, driven by strong performance at the Pyebridge site and new Capacity Market contracts.

• Pyebridge achieved record monthly revenue of £201,000 in January 2025 and increased generation capacity to 5.4MW.

• Secured a £5 million investment for Hindlip, which also won a 15-year Capacity Market contract worth £6.3 million.

• Completed a £5 million equity fundraise post-period, strengthening the balance sheet and eliminating legacy debt.

• Signed agreements to acquire 25MW of new projects and entered a JV targeting AI datacentre power supply solutions.

Financial highlights

• Group revenue for H1 2025 was £727,488, mainly from Pyebridge electricity sales and Capacity Market payments.

• Gross profit for H1 2025 was £217,544, up from £116,659 in H1 2024.

• Loss for the period was £558,903, a reduction from £492,055 in H1 2024, due to higher finance costs and a one-off non-cash loss on asset de-recognition.

• Basic loss per share was 0.16p, compared to 0.14p in H1 2024.

• Cash and cash equivalents at period end were £148,227.

Outlook and guidance

• Targeting expansion to 300+ MW of flexible generation capacity in the short to medium term.

• Construction at Hindlip is underway, with commercial operations expected in Q2 2026.

• Plans to secure a final 15-year Capacity Market contract for Pyebridge, potentially ensuring guaranteed income until 2044.

• New project acquisitions and JV with C-Zero Markets expected to significantly grow the portfolio and revenue streams.