RedCloud Holdings plc ( (RCT) ) has released a notification of late filing.
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RedCloud Holdings plc has filed a Form 12b-25, announcing a delay in submitting its Form 20-F (Yearly Report) for the financial year ended December 31, 2025. The company is seeking brief relief from the U.S. disclosure timetable while it finalizes its audited accounts.
The primary reason for the delay is a change in RedCloud’s independent public accountant, which has made it impractical to complete the audit on time without unreasonable effort or expense. This is an internal process issue rather than a regulatory or enforcement problem.
RedCloud says it expects to file the Form 20-F (Yearly Report) within the standard fifteen-day grace period allowed under SEC rules. Investors should therefore anticipate the full annual filing in the near term, assuming no further complications arise.
Preliminary figures point to revenue of about $48.5 million for 2025, up 4.4% from $46.5 million in 2024, signaling modest top-line growth. The company expects an operating loss of roughly $43.6 million and a net loss of about $46.2 million, showing a wider operating loss but an improved bottom line versus the prior year’s $50.7 million net loss.
Management cautions that these numbers are estimates and may change once the audit is completed and the Form 20-F (Yearly Report) is filed, so they qualify as forward-looking and subject to revision. RedCloud confirms that all other required SEC reports over the past 12 months have been filed, underscoring ongoing compliance.
The notification is signed on behalf of the company by Chief Executive Officer and Director Justin Floyd, dated April 30, 2026. This signature affirms management’s responsibility for the disclosure and signals continued engagement with regulators and investors as the year-end accounts are finalized.
The most recent analyst rating on (RCT) stock is a Buy with a $5.50 price target. To see the full list of analyst forecasts on RedCloud Holdings plc stock, see the RCT Stock Forecast page.
Spark’s Take on RCT Stock
According to Spark, TipRanks’ AI Analyst, RCT is a Neutral.
The score is primarily weighed down by weak financial health: heavy losses, negative cash flow, and a balance sheet showing negative equity despite strong revenue growth. Technicals add pressure as the stock is in a clear downtrend with negative momentum, though oversold indicators slightly offset the downside. Valuation impact is limited because P/E and dividend yield were not provided.
To see Spark’s full report on RCT stock, click here.
More about RedCloud Holdings plc
Average Trading Volume: 3,081,991
Technical Sentiment Signal: Strong Sell
Current Market Cap: $30.52M
Find detailed analytics on RCT stock on TipRanks’ Stock Analysis page.

