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RC Fornax plc ( (GB:RCFX) ) just unveiled an update.
RC Fornax PLC announced its unaudited half-year results for the period ending 28 February 2025, reporting a revenue of £3.8 million, an 8% growth compared to the previous year. The company achieved a gross profit of £1.3 million and a profit before tax of £0.6 million, reflecting a successful period marked by its admission to the AIM Market of the London Stock Exchange, raising over £5 million. The company is well-positioned to benefit from increased UK government defence spending, with new contracts worth £2.3 million and a growing client base. The opening of a new headquarters in Bristol and the development of the Smartscope project further strengthen its market position.
More about RC Fornax plc
RC Fornax PLC is an AIM-quoted company that provides outcome-based engineering solutions to the UK defence industry. Founded in 2021 by RAF veterans Paul Reeves and Daniel Clark, the company focuses on improving project efficiencies and delivering value for money in the sector.
YTD Price Performance: 8.03%
Average Trading Volume: 103,085
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