24th Dec 2025 14:22
Caledonian Holdings PLC - Bingley, England-based investment company focused on financial services - Pretax loss narrows to GBP595,000 in the six months that ended September 30 from GBP2.7 million a year before. Caledonian has no revenue. The change in pretax loss is due to a smaller loss on fair value movements on investments. This is GBP263,000 in the recent half-year, compared to GBP2.6 million a year before. Net assets rise to GBP3.9 million on September 30 from GBP2.9 million a year before. Chair Brent Fitzpatrick notes that Caledonian made its first investment of GBP1 million into AlbaCo Ltd in June and invested another GBP1 million in October. Also since the end of September, Caledonian secured a GBP3.5 million funding package from Yorkville Advisors Global LP to help support AlbaCo, which is seeking a UK banking license to serve small and medium-sized businesses.
"The fundraises and the recent facility put in place from Yorkville have strengthened the company's cash reserves to support the new strategy and has provided a strong foundation to carry out the first two investments as a financial services focused investing company," Fitzpatrick says.
Current stock price: 0.0044 pence
12-month change: down 56%
By Tom Waite, Alliance News editor
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