RedCloud Holdings plc

General Information
Business:

We are a holding company whose underlying business operates a B2B platform for trading consumer goods. (Incorporated in England and Wales) 

Our RedCloud platform serves retailers by simplifying B2B (business-to-business) purchases and inventory management.

We have developed and operate the RedCloud platform (the “Platform”), that facilitates the trading of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. We believe the Platform solves a decades old problem of how to unlock and enable access of key purchase and sales data between brands, distributors and retailers in high growth consumer markets. Through the Platform, we enable retailers in these markets to use data driven insights backed by artificial intelligence (“AI”) to help make faster and easier business-to-business (“B2B”) purchases and inventory decisions from brands and distributors by breaking down complex purchasing behaviors of large product inventory catalogues. We then turn that into meaningful business insights and purchasing opportunities for our retailers. Our Platform is delivered through a consumption-based business model and we only charge brands and distributors for transactions made on the Platform. Our Platform consequently helps brands and distributors to use the same AI driven insights to connect with new local retailers in targeted locations, thereby spending less time searching for outlets to purchase their goods and products from.

Additionally, our Platform has AI and machine learning capabilities that provide our brands, distributors and retailers with trading and product insights and data to help them make better commercial decisions regarding their business operations. For example, our Platform has the capability to (1) inform retailers when they are running low on products, (2) inform retailers what other retailers in the area in which they operate are selling, and (3) inform brands and distributors the type of goods and products retailers are looking for on the Platform. We currently operate in Argentina, Brazil, Nigeria, and South Africa which are high consumer growth markets and plan to expand to additional countries in the future.

Note: Net loss and revenue are in U.S. dollars for the 12 months that ended June 30, 2024.

(RedCloud Holdings plc filed its F-1 on Nov. 6, 2024, without disclosing the IPO’s terms; estimated IPO proceeds are $86 million. Background: RedCloud Holdings submitted confidential IPO documents to the SEC on Aug. 2, 2024.)

Industry: RETAIL - RETAIL STORES, NEC
Employees: 373
Founded: 2014
Contact Information
Address 50 Liverpool Street, London, EC2M 7PY, United Kingdom
Phone Number +44 (0) 207 754 3735
Web Address https://redcloudtechnology.com/
View Prospectus: RedCloud Holdings plc
Financial Information
Market Cap
Revenues $29.71 mil (last 12 months)
Net Income $-39.99 mil (last 12 months)
IPO Profile
Symbol RCT
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $86.0 mil
Manager / Joint Managers Roth Capital Partners/The Benchmark Company
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change