**Summary of Vox Valor Capital Limiteds Half-Year Financial Report (February 2026)**
**Overview**
Vox Valor Capital Limited (LSEVOX) released its unaudited interim financial statements for the six months ended 30 November 2025. The Group operates in mobile marketing and advertising through its subsidiaries: Mobio Global Limited (UK), Mobio Singapore Pte Ltd, and Mobio Global Inc. (US). The Group employs 30 contractors and employees across its subsidiaries.
**Financial Highlights**
**Revenue**USD 5.2 million (H1 2024: USD 6.2 million). The decline reflects a strategic shift to prioritize the US market, leading to reduced focus on lower-margin activities in the UK.
**Revenue Breakdown**
Mobio SingaporeUSD 3.2 million (H1 2024: USD 3.6 million).
Mobio Global USUSD 1.1 million (H1 2024: USD 0.6 million), showing significant growth due to increased investment.
Mobio Global UKUSD 0.9 million (H1 2024: USD 2.0 million), reflecting a strategic reduction in lower-margin activities.
**Operating Expenses**USD 4.6 million (H1 2024: USD 5.9 million), primarily due to cost management and reduced UK operations.
**Operating Profit (Loss)**USD 0.094 million (H1 2024: Loss of USD 0.255 million).
**Net Profit (Loss)**USD 0.004 million (H1 2024: Loss of USD 0.610 million).
**Strategic Focus**
The Group is prioritizing the US market, its largest addressable market, leading to increased investment in Mobio Global US.
Reduced emphasis on lower-margin activities in the UK, resulting in lower revenue and operating expenses in that region.
**Outlook**
The Board is cautiously optimistic about continued revenue growth and expense control despite inflationary pressures.
Evaluating acquisition and partnership opportunities in the mobile marketing and advertising sector, including Web3 and blockchain.
**Financial Position**
**Cash Balances**: USD 65000 as of 30 November 2025.
**Total Assets**USD 14.6 million.
**Total Equity**USD 8.6 million.
**Total Liabilities**USD 5.9 million, including long-term loans of USD 3.4 million.
**Risks and Uncertainties**
Principal risks remain unchanged from the annual report for the year ended 31 May 2025.
Exposure to foreign currency riskcredit riskand liquidity risk.
Monitoring geopolitical risks, including the impact of the Russia-Ukraine conflict.
**Corporate Governance**
DirectorsJohn G Booth (Chairman), Rumit Shah (Non-Executive Director), and Konstantin Khomyakov (Finance Director until 23 December 2025).
The Board confirmed the financial statements give a true and fair view of the Groups financial position.
**Conclusion**
Vox Valor Capital Limited is strategically refocusing on the US market, leading to revenue growth in the US but overall revenue decline. The Group is managing costs effectively and remains optimistic about future growth, while actively exploring expansion opportunities in the mobile marketing sector.