**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 ยฃ2.6 million, primarily driven by a gain on the disposal of its legacy managed services businesses. Group revenue decreased to ยฃ9.6 million due to the disposal, but continuing operations revenue remained stable at ยฃ8.0 million. The company successfully repaid its ยฃ6.2 million MXC loan notes, becoming substantially debt-free, and reduced Plc costs by 46% to ยฃ0.5 million.
Operationally, CloudCoCo made significant progress, with an annualised revenue run-rate approaching ยฃ10 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 ยฃ275,000 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.