SoFi shares rise as record revenue, member growth drive strong Q3 results
LONDON - S-Ventures PLC (AQSE:SVEN) reported a profit of £0.4 million for the six months ended June 30, 2025, compared to a loss of £0.5 million in the same period last year, according to an interim results statement released Tuesday.
The company, which operates in the natural wellness food tech and organic snacking sector, posted gross revenues of £6.7 million for the period, down from £8.0 million a year earlier. Net sales after trade discounts and listing costs were £5.2 million, compared to £7.2 million in the first half of 2024.
EBITDA more than doubled to £1.9 million from £0.8 million in the comparable period.
The improved financial performance follows S-Ventures’ disposal of five subsidiary businesses to AIM-quoted Tooru PLC on May 28, 2025. As a result of this transaction, S-Ventures now holds a 26.7% stake in Tooru PLC, which has become the company’s principal asset.
"We have completed the disposal of substantially all of the operating subsidiaries in the Group to AIM quoted Tooru PLC," said Scott Livingston, CEO of S-Ventures. "We expect to finalise a way forward to distribute the Tooru equity to shareholders."
Following the disposal, S-Ventures has become a cash shell under Aquis Rules. The company’s assets now include its stake in Tooru PLC, a minority shareholding in Coldpress Foods Limited, and a dormant subsidiary, Ohso Chocolate Limited.
The interim results include the financial performance of the disposed subsidiaries for the first five months of 2025 only.
Basic earnings per share for the period were 0.31 pence, compared to a loss of 0.39 pence per share in the first half of 2024.
The company reported a cash position of £0.2 million as of June 30, 2025, down from £0.7 million a year earlier.
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