Interim report
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RNS Number : 8362W Sealand Capital Galaxy Limited 30 September 2026 30 September 2026 Sealand Capital Galaxy Limited ( " Sealand " , the " Company " or the " Group " ) Unaudited Interim Results for the six months ended 30 June 2026 Sealand Capital Galaxy Limited ( LSE : SCGL ) announces that it has published its unaudited interim results for the six months ended 30 June 2026 . The period saw the Group advance its repositioning , supported by a strengthened capital base , expanded leadership team and increased revenue from marketing and advisory activities . The Group also progressed a number of acquisitions , and secured a computing advisory mandate , launched new Al data - security and content - creation platforms following the period end . Financial highlights : • • • Revenue increased by 676 % to £ 772,890 ( H1 2025 : £ 99,529 ) , principally reflecting the contribution of the Group's marketing and advisory activities alongside continued e - commerce growth . Gross profit increased to £ 465,797 ( H1 2025 : £ 46,762 ) , with gross margin improving to 60.3 % ( H1 2025 : 47.0 % ) . Profit before tax was £ 641,636 , including a non - cash gain of £ 535,387 on remeasurement of the convertible loan note derivative immediately prior to its conversion in March 2026 , compared with a loss before tax of £ 361,920 in H1 2025 . • The Group reported a profit for the period of £ 545,389 ( H1 2025 : loss of £ 361,920 ) . Profit attributable to equity holders was £ 442,140 ( H1 2025 : loss of £ 361,985 ) . • • Net assets were £ 8.56 million at 30 June 2026 , compared with net liabilities of £ 2.08 million at 31 December 2025 . Net current assets were £ 8.54 million at 30 June 2026 , compared with net current liabilities of £ 2.12 million at 31 December 2025 . • Cash and cash equivalents were £ 48,547 at 30 June 2026. Subsequent to the period end , the Company received £ 4.94 million from the exercise of Conversion A Warrants . Operational highlights : • • • ⋅ In January 2026 , the Group announced its strategic focus on Al and SaaS software tools , computing - power infrastructure and energy technology , supported by a dual - hub operating model across Shenzhen and Hong Kong . In March 2026 , the Group paid a refundable £ 1.98 million deposit in connection with its proposed acquisition of Brilliant Glow Group Co. , Limited ( " BGG " ) , a Hong Kong consulting business . In July 2026 , the Company conditionally agreed to acquire BGG for total consideration of £ 6.6 million , subject to completion conditions . The Group strengthened its financial position during the period through the £ 444,371 share subscription , conversion of the convertible loan notes and exercise of 911,876,333 Conversion A Warrants , which raised £ 2.74 million in cash . The Group assigned its convertible loan - note investment in EVOO AI plc for £ 250,000 consideration , realising a gain of £ 27,055 . The outstanding £ 100,000 was received in July 2026 . • Mr Siqi ( Daniel ) Cao was appointed as Chief Executive Officer in April 2026 .