RedCloud net loss narrows 30% to $18.5 million as revenue rises 34%
RCT•RedCloud reported revenue of $24.02 million for the six months ended June 30, 2026, up 34%, while net loss narrowed 30% to $18.5 million.
RCT•RedCloud reported revenue of $24.02 million for the six months ended June 30, 2026, up 34%, while net loss narrowed 30% to $18.5 million.
Operating loss narrowed 15% to $17.06 million, while operating expenses rose 8% to $41.08 million and total trading volume increased 30% to $1.56 billion. RedCloud outlined joint ventures to deploy its RedAI trade infrastructure in Saudi Arabia and Bahrain, with RedCloud UK retaining a 51% stake.