**Summary**
CloudCoCo Group PLC, a Sheffield-based e-commerce and IT procurement company, announced its final results for the year ended 30 September 2025. The company reported a total comprehensive profit of £2.6 million, primarily driven by a gain on the disposal of its legacy managed services businesses. Group revenue decreased to £9.6 million due to the disposal, but continuing operations revenue remained stable at £8.0 million. The company successfully repaid its £6.2 million MXC loan notes, becoming substantially debt-free, and reduced Plc costs by 46% to £0.5 million.
Operationally, CloudCoCo made significant progress, with an annualised revenue run-rate approaching £10 million by the end of the year. The companys e-commerce platform, MoreCoCo, continued to drive revenues, with over 50% of orders processed without human intervention. The company also expanded its WebStore platform, supporting approximately 60 business customers.
Post year-end, CloudCoCo announced a strategic growth initiative, Project Brightstar, and raised £275,000 through a share subscription to support this initiative. The company aims to scale its revenues, improve margin quality, and move towards sustainable profitability, focusing on increasing direct web sales and expanding software-led revenue streams.
The companys strategic transformation, including the disposal of non-core businesses and the launch of Project Brightstar, positions CloudCoCo for future growth in the B2B technology procurement market. The Board believes the company is well-positioned to accelerate its growth strategy in FY2026, with a strengthened balance sheet, a lean cost base, and a clear strategic focus.