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Marechale Capital plc

Marechale Capital plc is a London-listed (AIM) corporate finance house providing advisory, fundraising and broking services to high-growth consumer, leisure, clean energy and technology companies, and holding equity/warrant stakes taken as part of its fee arrangements. During FY2026 the Company operated a single UK corporate finance advisory segment; post period-end it transformed into a digital merchant bank by acquiring Stanford Capital Partners, Blubird Global Inc and NJC Capital, adding capital markets, asset management and real-world-asset tokenisation technology.

The latest annual report

FY2026 in sixty seconds

year to 30 Apr 2026 · approved 20 Aug 2026 · 42 pages · Companies House

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Marechale Capital plc is a small London corporate finance firm that helps growing companies raise money, often taking shares in them as part of its fees. In the year to 30 April 2026 revenue fell to £341k from £409k, and the loss before tax widened to £912k from £337k.

The bigger loss came mainly from cutting the value of its stakes in client companies, a £731,323 write-down that involved no cash leaving the business. Before that, the loss from its day-to-day work narrowed slightly, helped by lower direct costs.

The company ended the year with £234k in cash and almost no borrowing, after raising £202k from shareholders. No dividend was paid. After the year end it bought three businesses, paying in new shares, to become a "digital merchant bank" that also turns assets into digital tokens, and raised £1.06m in new shares. Management expects a modest profit in cash terms in the year to April 2027. The auditor raised no doubt about the company's future, but the report warns that its income depends on unpredictable deals.

From the reportevery line sits on the page it names
What drove revenue

Broking commissions and retainer/success fees from corporate finance advisory engagements

Revenue comprises broking commissions and retainer fees for corporate finance advisory services; success fees taken on completion, retainers pro-rata

page 34
What moved the margintailwind

Lower cost of sales (£62k vs £135k prior year)

Gross profit rose to £278,691 (2025: £274,682) despite revenue falling, due to cost of sales reduction

page 28
What management said

Since the Group's transformation into a digital merchant bank, we have received numerous enquiries from existing and potential new clients seeking to tokenise real-world assets and several are being actively progressed; the Board is building a strong pipeline of new business opportunities across the Group

page 8
The dividend

The Directors do not recommend the payment of a dividend for the current year (2025: £nil)

page 17

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Key figures

12 years on one page · FY2015–FY2026

The share price over the full statements

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Dividend per share—
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GBP millions, negatives in brackets. Per-share lines in pence. Share counts in millions. Margins and returns as percentages, calculated from the filed figures. later is what a following report restated the figure to; vs is a second reading that disagrees. The figure shown is the one the original filing printed, and both readings are kept. Click any figure: opens the report page it was read from, highlighted; shows how it was calculated.

Read twice

Nothing restated

Every figure is read again from the following year’s report: 277 confirmed, 10 differ.

No figure has been restated: every figure a later report printed again, it printed the same.