RedCloud reported strong financial results for 2024, with significant growth in revenue and transaction value.

From GlobeNewswire: 2025-05-19 08:00:00

RedCloud Holdings plc reported strong financial results for 2024, with Total Transaction Value up 111% to $2.5Bn, Revenue up 135% to $46.5 million, and an increase in Transaction Based Revenue to 1.9%. The platform enables real-time trading of FMCG products and saw 175% YoY growth in Brand & Distributor customers.

The platform actively traded 184,731 products from 6,765 brands, serving 33,786 retailers in densely populated areas. RedCloud’s AI Labs and Agentic AI virtual trader technology provide actionable trading recommendations and streamline inventory management. The company’s growth in trading volume, TTV, and revenue demonstrates solid business momentum.

RedCloud’s Trading Platform allows retailers, brands, and distributors to make faster B2B purchases using AI insights. The company’s AI-driven features like Red101 Smart Assistant and Retail Opportunity Maps help optimize inventory decisions. RedCloud’s focus on key market categories and innovative AI solutions aim to drive continued growth and success.



Read more at GlobeNewswire:: RedCloud Reports Full Year 2024 Results