Pineapple Power Corporation Reports £46,492 Loss for Six Months Ended 30 June 2025

Reuters2025-10-01
Pineapple Power Corporation Reports £46,492 Loss for Six Months Ended 30 June 2025

For the six months ended 30 June 2025, Pineapple Power Corporation plc reported no revenue. Administrative expenses totaled £46,531, compared to £161,699 in the same period of the previous year. The operating loss for the period was £46,531, down from £161,699 for the six months ended 30 June 2024 and £358,349 for the year ended 31 December 2024. Interest receivable was £39 for the period, compared to £1,532 in the prior half-year and £1,760 for the full year 2024. The loss on ordinary activities before taxation was £46,492, while the same figure was £160,167 for the six months ended 30 June 2024 and £356,589 for the year ended 31 December 2024. No income tax expense was recognized in the period. Cash flow from operating activities showed a net outflow of £46,276. Cash outflows from investing activities totaled £5,975. There was a loan from a related party amounting to £3,158. Cash and cash equivalents at the end of the period stood at £169,007.

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