Vox Valor Capital (VOX) Transition period summary

Executive summary

• The reporting period was changed to 17 months ending 31 May 2025, with prior year comparatives covering 12 months, making direct comparison less meaningful.

• The group focuses on mobile marketing and advertising services through wholly owned subsidiaries in the UK, Singapore, and the US.

• Revenue grew significantly, but profit margins declined due to higher costs of acquiring new customers.

• The group is pursuing both organic growth and potential acquisitions, with a focus on expanding in the UK, Europe, US, and Asia.

Financial highlights

• Revenue for the 17 months ended 31 May 2025 was $15.7m, up from $5.6m in the prior 12-month period.

• Gross profit was $774k (5% margin) versus $1.3m (23% margin) in the prior period.

• Operating loss was $1.3m, compared to a loss of $90k previously.

• Total comprehensive loss was $953k, compared to a profit of $469k in the prior period, mainly due to increased interest expense.

• Cash at period end was $53k, with available credit lines.

Outlook and guidance

• Management is cautiously optimistic about continued revenue growth and aims to contain operating expenses despite inflationary pressures.

• The board continues to evaluate acquisition and partnership opportunities, including in Web3 and blockchain sectors.