RC Fornax plc

RC Fornax plc

LLSE:RCFX
4.90
GBX
0.00
(0.00%)
815.51MMarket Cap
Mar 02Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.03
0.08
0.12
0.12
- -
Basic EPS, GAAP
0.01
0.01
0.01
-0.04
- -
Free Cash Flow per Basic Share
- -
0.01
0.01
-0.08
- -
Dividend per Share
- -
0.01
0.01
- -
- -
Book Value per Share
- -
- -
- -
0.03
0.03
Tangible Book Value per Share
- -
- -
- -
0.03
0.02
Basic Weighted Avg Shares
56
56
56
35
66
Sales/Revenue/Turnover
2
4
6
4
- -
Operating Margin (%)
23.19
12.87
12.15
-31.13
- -
Depreciation Expense
- -
- -
- -
- -
- -
Net Income, GAAP
- -
- -
1
-1
- -
Effective Tax Rate (%)
18.93
20.48
28.37
- -
- -
Profit Margin (%)
17.43
8.51
8.05
-33.99
- -
Working Capital
- -
- -
- -
1
2
LT Debt
- -
- -
- -
- -
- -
Total Equity
- -
- -
- -
2
3
Return on Invested Capital (%)
- -
102.15
80.36
- -
- -
Return on Capital (%)
- -
159.62
112.09
- -
- -
Return on Common Equity (%)
- -
265.44
717.36
-144.7
- -

Capital Structure

GBP

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
ST Debt
- -
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
57
57
96
Market Capitalization
19
7
8

Working Capital

GBP

•

in mil. unless spec.
Feb'25
Aug'25
Feb'26
Total Current Assets
6
2
3
Cash, Cash Equivalents & STI
3
1
2
Accounts Receivable, Net
3
1
1
Inventories
- -
- -
- -
Total Current Liabilities
2
1
1
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

GBP

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
3,814.76%
Free Cash Flow
- -
- -
-961.72%
Net Income, GAAP
- -
- -
-366.64%
Sales/Revenue/Turnover
- -
- -
-36.81%
Total Cash Common Dividend
- -
- -
-71.07%

Semi-annual Revenue

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6
2025
- -
- -
4
2026
- -
- -
- -

Semi-annual Earnings Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
-0.04
2026
- -
- -
- -

Semi-annual Dividends Per Share

GBP

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.01
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Paul Reeves
Full Time Employees
17
Sector
Industrial services
Industry
Engineering & construction
Address
220 Aztec Studios Almondsbury ENG United Kingdom BS32 4SY
IPO Date
Feb 5, 2025
Business
RC Fornax Plc is a United Kingdom-based engineering consultancy specializing in high-impact defence solutions and work-package delivery under Statements of Work. Founded in 2020 by Royal Air Force veterans Paul Reeves and Daniel Clark and headquartered at 220 Aztec West, Almondsbury, Bristol, England, the company provides bespoke, outcome-driven services across critical military platforms including fighter jets, naval ships, drones and military vehicles; its core offerings encompass capability uplift through rapid team augmentation on time-and-materials or SoW basis, embedded outsourcing with fully managed deployable teams accountable for deliverables, traditional outsourcing for off-site design house requirements on firm-priced contracts, engineering design, bid and project management, supply chain support and quality assurance, with expertise spanning systems, software and hardware engineering for high-complexity platforms. RC Fornax primarily serves UK Ministry of Defence partners and leading defence primes, holding ISO 9001:2015 certification, JOSCAR registration and Cyber Essentials compliance to ensure secure, IR35-compliant operations that transition clients from labour-based to outcome-focused models; it operates mainly in the United Kingdom while pursuing expansion into multinational programmes such as AUKUS and GCAP, alongside new sectors like automotive and renewables. In early 2025, RC Fornax re-registered as a public limited company and listed on AIM under ticker RCFX.L, executed a share sub-division and multiple allotments to support growth, relocated its registered office from London to Bristol amid new headquarters opening, appointed directors including Rob Shepherd, David Hitchcock, Mark Joseph Fahy, Richard Kevin Smith and initially Kiri Cavill while terminating others such as Daniel James Ashley Clark, progressed a potentially significant partnership with a leading UK defence contractor following heightened client engagement post-Strategic Defence Review, and planned a GBP2.8 million equity fundraising via placing and retail offer to accelerate development including M&A for manufacturing capabilities and SME integration targeting GBP100 million-plus revenue medium-term.