QUADRISE PLC - Interim results for the six months ended 31 December 2025

Quadrise PLC’s interim results investor update highlights steady company performance and strategic progress as the group advances towards commercialisation of its proprietary MSAR® and bioMSAR™ fuel technologies. Financial results remained broadly in line year-on-year, with a modest increase in operating losses driven by continued investment in R&D and project development, while maintaining a solid cash position of £4 million, supplemented by expected milestone payments to support near-term funding. The company’s growth strategy is centred on securing and executing key commercial trials, notably with MSC and Cargill, which are nearing agreement and represent critical catalysts for future revenue generation and scale-up. Additional progress includes an expanded project pipeline with OCP, Valcor, and Panama, alongside increasing engagement with global shipping clients and refineries to build a scalable supply chain and order book. Quadrise is also accelerating innovation through digitalisation, AI-driven modelling, and alternative biofuel feedstock development to enhance product performance and reduce time-to-market. Despite ongoing regulatory uncertainty in the marine fuel sector, strong underlying demand for cost-effective, lower-emission fuels and tightening environmental regulations support long-term market opportunity. With a disciplined approach to capital allocation, growing commercial traction, and a clear pathway to scaling operations post-trial, Quadrise is positioning itself for future revenue growth, margin expansion, and entry into large-scale global fuel markets.