22nd Aug 2025 13:20
(Alliance News) - Marechale Capital PLC on Friday reported lower full-year revenue, with profit hurt by equity investment losses.
Marechale Capital is a London-based adviser and financing provider for consumer brands, leisure, clean energy, mineral extraction and technology companies.
It reported a widening of its pretax loss to GBP337,325 in the financial year that ended April 30, from GBP182,987 a year earlier.
Whilst revenue fell during the period, cost of sales fell more significantly, with the weaker bottom line driven by a swing to other losses from gains the prior year.
Revenue fell 39% to GBP409,413 from GBP668,816, but cost of sales fell 71% to GBP134,731 from GBP471,433. Gross profit therefore rose 39% to GBP274,682 from GBP197,384.
Realised losses on equity investments multiplied to GBP99,837 from GBP5,402, with Marechale swinging to GBP31,832 in unrealised losses on equity investments from GBP250,000 in unrealised gains.
Net asset value at April 30 was GBP3.0 million, falling from GBP3.3 million a year earlier. NAV per share fell to 2.9 pence from 3.10p.
Shares in Marechale were 0.5% lower at 1.89p on Friday afternoon in London.
"It has been a challenging year generally and in the hospitality sector in particular, as a number of businesses negotiated a continuing period of market uncertainty, with increased inflation driven overheads, compounded by a squeeze in discretionary spending. However, against this challenging backdrop, there are significant market opportunities for Marechale's clients," said Chair Mark Warde-Norbury.
"The board is working on a number of initiatives to create further value for shareholders, and the plan is to continue to develop Marechale's strategic funding partnerships with the objective of enhancing shareholder value," added Warde-Norbury
By Christopher Ward, Alliance News reporter
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