CATENAI PLC

Earnings Release • Sep 30, 2025

National Storage Mechanism | Additional information

RNS Number : 3825B

Catenai PLC

30 September 2025

30 September 2025

Catenai PLC

("Catenai", the "Company")

Half Year Results

Catenai PLC (AIM: CTAI), the AIM quoted provider of digital media and technology, announces its half-yearly report for the six months ended 30 June 2025.

Financial overview

●   Loss of £221,308 in the period under review (H1 2024: £12,778) with revenues of £7,600 (H1 2024: £124,500).

●    Net asset position £1,016,661 (H1 2024: £566,764).

●    Cash position of £94,092 as at 30 June 2025 (H1 2024: £4,759).

●    In July 2025, the Company completed a fundraise raising gross proceeds of £1.6m.

The Company continues to service its customer in the sports sector.

On 11 April 2025, the Company announced that it had identified an opportunity to invest in Alludium Ltd ("Alludium"), a cutting-edge AI company.  Following a fundraise, an initial investment of £500,000 was made into Alludium.

On 26 June 2025, the Company announced a fundraising and launch of a Bitcoin-focused treasury policy together with a proposed £450,000 additional investment in Alludium.

On 30 June 2025, the Company announced that Klarian Ltd had extended its loan repayment with new terms depending on when repayment is made.

Post period end

The second investment of £450,000 into Alludium was completed on 17 July 2025.

The foundations for our Bitcoin focused treasury function were announced on 28 July 2025 and a second institutional custodian is being onboarded. Market and regulatory conditions are being monitored.

Our investment in Alludium continues to demonstrate strong momentum as they pioneer the no-code AI agent workforce category. Since their announcement in May 2025, Alludium has achieved significant key product milestones and we look forward to the product being available to their public waitlist later next month. Their differentiated approach-creating AI agents that work together in teams, alongside humans, that autonomously execute tasks rather than just chat-has resonated strongly with early design partners. The controlled rollout strategy is progressing well, with the platform transitioning from alpha to public release in October 2025. With strategic positioning at major technology industry events in Q4 including SAASstock, WebSummit Lisbon, and Slush, Alludium is well-positioned to capture significant value in the rapidly expanding autonomous AI market, addressing the critical gap between conversational AI and true task automation.

Klarian have advised the Company that they expect to repay the loan in full before 31 December 2025 in accordance with the revised terms announced on 30 June 2025 and so an extension fee of £56,750 will be due and recognised in the annual results to 31 December 2025.

John Farthing, Interim CEO, commented: "We look forward to the launch of Alludium's platform which is timely given the strong endorsement of AI by the UK Government."

This announcement contains inside information for the purposes of the UK Market Abuse Regulation. The person who arranged for release of this announcement on behalf of the Company was John Farthing, Interim Chief Executive Officer of the Company and the Directors of the Company are responsible for the release of this announcement.

For further information please contact:

Catenai PLC	+44 (0)20 7183 8666
John Farthing, Interim Chief Executive Officer
Cairn Financial Advisers LLP (Nominated Adviser)	+44(0)20 7213 0880
Liam Murray / Ludovico Lazzaretti / James Western
Shard Capital Partners LLP (Broker)	+44 (0)20 7186 9952
Damon Heath

Notes to Editors:

About Catenai PLC

Catenai is an AIM quoted provider of digital media and technology services. The Company has an experienced IT team of project managers and integrators who have deployed systems across corporate, government and educational sectors.

www.catenaiplc.com

Statement of Comprehensive Income

For the Period Ended 30 June 2025

	Unaudited six months ended 30 June 2025 £	Unaudited six months ended 30 June 2024 £	Audited year ended 31 December 2024 £
Revenue	7,600	124,500	131,500
Cost of sales	-	-	-
Gross profit	7,600	124,500	131,500
Administrative expenses	(228,994)	(137,278)	(262,679)
Loss from operations	(221,394)	(12,778)	(131,179)
Net Finance income	86	-	3005
Loss before taxation	(221,308)	(12,778)	(128,174)
Taxation	-	-	-
Total comprehensive loss for the period	(221,308)	(12,778)	(128,174)

Statement of Financial Position

For the Period Ended 30 June 2025  

		Unaudited six months ended 30 June 2025 £	Unaudited six months ended 30 June 2024 £	Audited year ended 31 December 2024 £
Non-current assets
Intangible assets Investment		1 500,000	1 -	1 -
		500,001	1	1
Current assets
Trade and other receivables		676,254	627,205	578,321
Cash and cash equivalents		94,092	4,759	477
		770,346	631,964	578,798
Current liabilities
Trade and other payables		(213,686)	(65,201)	(174,230)
Loans and borrowings		(40,000)		-
		(253,686)	(65,201)	(174,230)
Non-current liabilities
Interest-bearing loans		-	-	-
Total Liabilities		(253,686)	(65,201)	(174,230)
Net Assets		1,016,661	566,764	404,568
Capital and reserves attributable to equity holders of the company
Ordinary share capital		96,329	789,149	789,149
Deferred share capital		4,387,684	3,615,192	3,615,192
Share premium account		20,709,953	20,003,024	19,956,224
Share reserve		(83,333)	(83,333)	(83,333)
Merger reserve		11,119,585	11,119,585	11,119,585
Capital Redemption Reserve		2,732,904	2,732,904	2,732,904
Retained losses		(37,946,461)	(37,609,757)	(37,725,153)
Total Equity		1,016,661	566,764	404,568

Statement of Cash Flows

For the Period Ended 30 June 2025 

	Unaudited six months ended 30 June 2025 £	Unaudited six months ended 30 June 2024 £	Audited year ended 31 Dec 2024 £
Loss for the period	(221,308)	(12,778)	(128,174)
Adjustments for : Services settled by the issue of shares	88,400	-	-
Net cash outflow before changes in working capital	(132,908)	(12,778)	(128,174)
(Increase) / decrease in trade and other receivables	(97,933)	(109,914)	(561,029)
(Decrease) / increase in trade and other payables	39,456	(93,734)	15,295
Cash from operations	(191,385)	(216,426)	(673,908)
Financing Activities
Issue of ordinary share capital Share issue costs	786,000 (41,000)	670,000 -	720,000 (46,800)
Issue of CLN	-	(450,000)	-
New loans raised Investment	40,000 (500,000)	- -	- -
Net cash flows from financing activities	285,000	220,000	673,200
Net increase / (decrease) in cash	93,615	3,574	(708)
Cash and cash equivalents at beginning of period	477	1,185	1,185
Cash and cash equivalents at end of period	94,092	4,759	477

Caution regarding forward looking statements

Certain statements in this announcement, are, or may be deemed to be, forward looking statements. Forward looking statements are identified by their use of terms and phrases such as ''believe'', ''could'', "should" ''envisage'', ''estimate'', ''intend'', ''may'', ''plan'', ''potentially'', "expect", ''will'' or the negative of those, variations or comparable expressions, including references to assumptions. These forward looking statements are not based on historical facts but rather on the Directors' current expectations and assumptions regarding the Company's future growth, results of operations, performance, future capital and other expenditures (including the amount, nature and sources of funding thereof), competitive advantages, business prospects and opportunities. Such forward looking statements reflect the Directors' current beliefs and assumptions and are based on information currently available to the Directors.

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