NYCE International - Quarterly Mgmt accounts to 31 Dec and 30 Sept 2025
Announcement provided by
NYCE International PLC · NYCE20/01/2026 13:33
This announcement contains inside information for the purposes of the
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20 January 2026 |
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NYCE International plc |
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("NYCE INTERNATIONAL ", "NYCE" or the "Company") |
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Management accounts for the quarters ended 31 December 2025 and 30 September 2025 |
Nyce International plc (AQUIS: NYCE) announces its unaudited management accounts reports for the quarters ended 31 December 2025 and 30 September 2025.
For further information, please contact:
Nyce International plc
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Farzad Peyman , CEO |
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Harmen Brenninkmeijer, Chairman |
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Oberon Securities Limited (AQSE Corporate Adviser)
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Nick Lovering / Adam Pollock |
+44 (0) 20 3179 5300 |
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Chairman's statement
Introduction
Nyce International plc (the "Company" or "NYCE") is quoted on the Aquis Stock Exchange ("AQSE") Growth Market. The Company was incorporated on 7 June 2021 and its shares were admitted to trading on 23 December 2021.
Nyce International Plc (the "Company" or "NYCE") is a publicly traded company on the Aquis Stock Exchange ("AQSE") Growth Market, specialising in B2B gaming technology and services.
As Q4 2025 concludes, NYCE has continued to advance its strategic growth, strengthening its position in B2B gaming technology and services. This quarter saw the commercialisation of NYCE Ventures, expansion of the Product Marketplace, and growth in advisory and digital gaming services, reflecting the company's focus on scalable technology solutions, partner ecosystem development, and operational efficiency.
Activities during the period
During the quarter, the group operated three distinct segments being NYCE marketplace and advisory alongside its two investment ventures NirmataPlay and ClickSpin Media, which resulted in nearly tripling the consolidated revenue of Q3 with strong signs of continued improvement in Q1 of 2027.
The group loss for Q4 was marginally lower than Q3 due to the increased cost of sales, predominantly affected by quarterly gross margins being modest, which are expected to improve over time.
The Group made meaningful progress executing its strategy of building scalable, record revenue-generating ventures (Nirmata Play and ClickSpin Media) supported by proprietary technology and a growing partner network within the marketplace.
NirmataPlay was NYCE's first investment venture and since the relisting on 6 March 2025, NYCE acquired the IP software, assembled a strong team with execution capabilities, created the brand, built the infrastructure and product and in Q4 2025 went to market with its first operator partner in Africa - now generating revenue across two licensed casino operator sites. The platform currently integrates seven bespoke game providers, providing access to over 2,000 games with new releases weekly.
ClickSpin Media, a performance marketing agency was launched as NYCE's second investment venture in June 2025 and during the quarter expanded further across regulated European markets, securing over fifty partnerships. Mobile web traffic remained the primary acquisition channel with Q4 realising record revenues.
The NYCE marketplace is a trusted platform for B2B gaming suppliers and technologies seeking operator distribution. With a strong and growing advisory partner network, NYCE curates, commercialises and distributes market-ready digital products, giving consumer-facing gambling operators access to vetted solutions on attractive commercial terms. NYCE marketplace continued to expand in Q4, now representing over 60 suppliers across 30 categories such as platforms, payments, compliance, AI, and Web3 infrastructure, connecting verified suppliers with global operators.
On the corporate and governance side, in October 2025 the Company consolidated its ordinary shares on a 150 for 1 basis, bringing total issued and voting share capital to 10,341,905 shares, at that time. Additionally, Global Chain Limited, a company of which I am an Ultimate Beneficial Owner, acquired during the quarter 44,291 ordinary shares, increasing its total holding to 2,877,803 shares, representing 27.78% of the issued share capital. These milestones reflect strong shareholder confidence and provide further support for NYCE's growth across advisory, marketplace, and venture initiatives.
The Company aligned its financial year-end across group entities by changing its accounting reference date to 31 December.
Outlook
We have kicked off the new year in great fashion by forming our 3rd investment venture - "Innovassion", which will operate as a standalone software development company under NYCE's commercial guidance and leveraging NYCE's global network, industry relationships, and market access. This new venture will focus on building scalable online casino solutions, proprietary gaming content, and modular iGaming technology designed to meet the needs of operators across regulated and emerging markets.
Looking further ahead to Q1 2026, NYCE will build on this quarter's achievements by expanding our digital marketplace and advisory services, while establishing the footprint of Innovassion, our iGaming software company with integrated games, sportsbook, and payment modules. As a core part of NYCE's ecosystem, it supports operator growth, drives innovation, and creates long-term shareholder value beyond ClickSpin and Nirmata Play. The Board and I remain focused on strengthening our partner network, scaling operations, and pursuing initiatives that deliver tangible results for clients and lasting value for shareholders.
The audited financial statements are expected to be released in Q2 of 2026, which will cover the period of June 2024 and December 2025 as per the revised fiscal year end announced in 2025. The earnings per share for Q4 shows a substantially different result to Q3 2025 due to the consolidation of the shares at 150 to 1 on October 31, 2025.
I am confident in our team and the strategy we have set. With this year's foundation, NYCE is well-positioned to expand
further, launch new ventures, and deliver meaningful impact in the months ahead.
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Harmen Brenninkmeijer |
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Chairman |
Consolidated Statement of Comprehensive Income for the quarters ended 31 December 2025 and 30 September 2025
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31 December 2025 |
30 September 2025 |
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£'000 |
£'000 |
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Revenue |
247 |
88 |
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Cost of sales |
(120) |
(37) |
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Administrative expenses |
(312) |
(246) |
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Operating loss |
(185) |
(195) |
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Loss before tax |
(185) |
(195) |
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Taxation |
- |
- |
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Loss for the period |
(185) |
(195) |
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Total comprehensive loss |
(185) |
(195) |
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(Loss) per share (pence) from continuing operations attributable to owners of the Company - Basic and diluted earnings per share |
(1.78790) |
(0.01276) |
Please note that the earnings per share for September 2025 is pre-consolidation of 150 to 1.
Consolidated Statement of Financial Position as at quarters ended 31 December 2025 and 30 September 2025
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31 December 2025 |
30 September 2025 |
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£'000 |
£'000 |
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Non-current assets |
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Intangible assets - Goodwill |
1,844 |
1,844 |
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Intangible assets - Other |
160 |
160 |
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Total non-current assets |
2,004 |
2,004 |
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Current assets |
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Trade and other receivables |
81 |
61 |
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Cash and cash equivalents |
190 |
243 |
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Total current assets |
271 |
304 |
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Total assets |
2,276 |
2,309 |
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Current liabilities |
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Trade and other payables |
174 |
73 |
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Total current liabilities |
174 |
73 |
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Net assets |
2,102 |
2,236 |
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Capital and reserves |
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Share capital |
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- Issued |
1,554 |
1,524 |
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- Treasury |
- |
1 |
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Total share capital |
1,554 |
1,525 |
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Share premium |
3,928 |
3,905 |
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Retained earnings |
(3,379) |
(3,194) |
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Total equity |
2,102 |
2,236 |
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Consolidated Statement of Changes in Equity |
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For the quarters ended |
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31 December 2025 and 30 September 2025 |
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Share capital |
Share premium |
Retained earnings |
Total |
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£'000 |
£'000 |
£'000 |
£'000 |
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As at 30 June 2025 |
1,450 |
3,830 |
(2,999) |
2,281 |
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Issue of share capital |
75 |
75 |
- |
150 |
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Loss for the quarter ended 30 September 2025 |
- |
- |
(195) |
(195) |
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Total Comprehensive Income |
- |
- |
(195) |
(195) |
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As at 30 September 2025 |
1,525 |
3,905 |
(3,194) |
2,236 |
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Issue of share capital |
29 |
23 |
- |
51 |
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Loss for the quarter ended 31 December 2025 |
- |
- |
(185) |
(185) |
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Total Comprehensive Income |
- |
- |
(185) |
(185) |
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As at 31 December 2025 |
1,554 |
3,928 |
(3,379) |
2,102 |
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Consolidated Statement of Cash Flows |
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For the quarters ended |
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31 December 2025 and 30 September 2025
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31 December 2025 |
30 September 2025 |
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£'000 |
£'000 |
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Cash from operating activities |
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Loss before tax |
(185) |
(195) |
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Adjustments for: |
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(Increase)/decrease in trade and other receivables |
(21) |
2 |
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Increase /(decrease) in trade and other payables |
101 |
15 |
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Net cash (used) in operating activities |
(105) |
(177) |
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Cash flows from investing activities |
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Acquisition of Software |
- |
- |
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Investment in Subsidiaries |
- |
- |
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Net cash from investing activities |
- |
- |
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Cash flows from financing activities |
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Issue of share capital |
29 |
75 |
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Adjustment to share premium |
23 |
75 |
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Net cash from financing activities |
51 |
150 |
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Net cash flow for the period |
(54) |
(27) |
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Cash and cash equivalents at beginning of period |
243 |
503 |
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Cash and cash equivalents at end of period |
190 |
243 |
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Net change in cash and cash equivalents |
(54) |
(260) |
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Cash and cash equivalents comprise: |
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Cash at bank and in hand |
190 |
243 |
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190 |
243 |
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31 December 2025 |
30 September 2025 |
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£'000 |
£'000 |
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Earnings |
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Loss for the quarters ended |
(185) |
(195) |
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Number of shares |
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Number of shares for the purposes of basic and diluted earnings per share |
10,357,597 |
1,524,880,556 |
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Earnings per share (pence) |
(1.78790) |
(0.01276) |
Please note that the number of shares for September 2025 are pre-consolidation of 150 to 1.
Notes to the financial statements
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1. General information |
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Nyce International plc is a public limited company limited by shares and was incorporated in England and Wales on 7 June 2021 with company number 13440398. Its registered office is 167-169 Great Portland Street, 5th Floor, London, England, W1W 5PF |
The Company's shares are currently trading on the Aquis Stock Exchange Growth Market under symbol NYCE
and ISIN number GB00BW9N7242 (pre-consolidation GB00BMD0WG01). The Company was first incorporated on 7 June 2021.
The information for periods ended 31 December 2025 and 30 September 2025 are unaudited.
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2. Basis of Preparation |
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The quarterly management accounts of have been prepared in compliance with United Kingdom Accounting Standards, including Financial Reporting Standard 102, "The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland" ("FRS 102") and the Companies Act 2006. |
These management accounts are prepared on a going concern basis, under the historical cost convention and
are presented in £'000 unless otherwise stated.
The financial statements are presented in Pounds Sterling, which is the Company's presentation and functional
currency.
The preparation of the financial statements requires the use of certain critical accounting estimates. It also
requires management to exercise its judgment in the process of applying the Company's accounting policies.
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3. Going Concern |
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In making their assessment of going concern, the Directors, having made due and careful enquiry, are of the opinion that the Company will have access to adequate working capital to meet its obligations for the period of at least 12 months from the date these management accounts are authorized for issue. |
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4. Change of Company Year End |
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The Company has updated it's company year end from 30 June to 31 December. The next available financial statements will cover the 18 month period of 01 July 2024 to 31 December 2025. |
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5. Share Consolidation |
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The company consolidated its ordinary share capital on October 31, 2025. For every 150 ordinary shares of |
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