The Smarter Web Company (SWC) H1 2025 earnings summary

Executive summary

• Listed on Aquis Stock Exchange on 25 April 2025, becoming the largest and most liquid stock on Aquis.

• Interim results largely reflect pre-IPO activity; significant transformation and capital raise occurred post-period.

• Acquired The Smarter Web Company Ltd on 25 April 2025, shifting strategic direction.

• Focus on organic growth, acquisitions, and Bitcoin as a treasury asset.

Financial highlights

• Turnover of £176,000 and net profit before tax of £93,000 for the operating business from 1 Jan to 30 Apr 2025.

• Group loss for the six months ended 30 April 2025 was £719,566, compared to £372,640 loss in the prior year period.

• Administrative expenses were £207,221, down from £372,556 year-over-year.

• Net cash generated from financing activities was £1.68 million, with cash and cash equivalents at £1.34 million at period end.

• Net assets of £3.16 million as of 30 April 2025, compared to net liabilities of £0.92 million at 31 October 2024.

Outlook and guidance

• Management optimistic about long-term growth, with substantial post-period progress and capital raised.

• Multiple post-period fundraises totaling over £100 million, supporting acquisition and growth strategy.

• Intends to pursue further acquisitions and expand Bitcoin treasury policy.