Archived article
Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Vaultz Capital PLC on Wednesday said developments since the start of its new financial year represented a ‘profound strategic shift’ as it touted a ‘clear operating model’.
The London-based operator of scalable bitcoin mining operations said pretax loss widened to £350,856 in the financial year ended April 30, from £292,060 a year ago.
The company reported an impairment of £250,000 in financial 2025, compared to no such cost a year prior.
Administrative costs decreased to £182,876 from £291,175.
Vaultz Capital noted that it successfully raised about £14 million post year-end via a combination of institutional placings and WRAP retail offers.
Chair Charlie Wood said: ‘While the financial statements reflect our position as at 30 April 2025, the developments since year-end represent a profound strategic shift.
‘With a clear operating model, a bitcoin-aligned treasury strategy, strengthened leadership, and a disciplined capital allocation framework, Vaultz Capital is well positioned to capitalise on the growing global demand for digital infrastructure exposure through a listed UK vehicle.’
Vaultz shares fell 8.2% to 7.00 pence each on Wednesday afternoon on the Aquis Stock Exchange London.
Copyright 2025 Alliance News Ltd. All Rights Reserved.
