24th Aug 2026 12:03
(Alliance News) - Marechale Capital PLC on Monday said it is in the process of building a "strong" pipeline of new business opportunities, but reported an increased annual loss and lower revenue.
The London-based adviser and financing provider serving consumer brands, leisure, clean energy, mineral extraction, and technology companies said its pretax loss widened to GBP912,174 in the financial year ended April 30, from GBP337,325 a year prior.
Revenue fell 17% to GBP341,075 from GBP409,413.
Marechale said its performance was "resilient" in a challenging market for small & medium enterprise funding, and noted an increase in activity levels in the second half of the financial year.
Furthermore, it said that its core investment, Weardale Lithium Ltd, made further progress towards the development of UK's first direct lithium extraction plant.
Notably, costs classified as "other" increased sharply to GBP731,323 from GBP122,822.
Looking ahead, Chair Mark Warde-Norbury said: "We are in the process of building a strong pipeline of new business opportunities across the group, some of which are at an advanced stage, and the board looks forward to providing further details as and when appropriate."
Marechale shares were down 2.0% at 5.00 pence each on Monday at around midday in London.
By Tom Budszus, Alliance News slot editor
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Marechale Cap.