Anemoi International Ltd (AMOI)
Anemoi International Ltd: 2025 Interim Results
29-Sep-2025 / 07:30 GMT/BST
Anemoi International Ltd Anemoi International Ltd (Reuters: AMOI.L, Bloomberg: AMOI:LN) ("Anemoi" or the "Company") Interim Results for the period ended 30 June 2025 The Company is pleased to announce its results for the six months ended 30 June 2025. The interim results have been submitted to the FCA and will shortly be available on the Company’s website: www.anemoi-international.com Chairman’s Statement What has happened in the KYC/AML market year to date 2025 In 2025, the KYC/AML market has seen significant developments driven by regulatory focus, technological advancements, and expanding enforcement. Key trends include: - Regulatory Shifts and Enforcement:
- Regulators globally are emphasizing higher transparency, real-time monitoring, and risk-based frameworks to prioritize high-risk transactions and customers.
- Enhanced guidance from bodies like FATF stresses national risk assessments, beneficial ownership transparency, and stronger oversight of virtual assets and DeFi.
- Enforcement actions have surged, with banks facing over $3.5 billion in AML fines so far this year, and growing scrutiny on cryptocurrency exchanges, fintech, and gambling sectors.
- Jurisdictions like the UK have implemented robust sanctions enforcement and mandatory disclosure reforms for overseas entities and trusts, increasing compliance demands.
- Technology Adoption and Automation:
- AI, machine learning, and blockchain are increasingly integrated for identity verification, transaction monitoring, and suspicious activity detection.
- Over 70% of KYC onboarding now utilizes automated biometric identification and digital verification, offering faster, data-driven compliance.
- RegTech solutions are projected to exceed a $22 billion market size in 2025, aiding financial institutions in sanction screening, enhanced due diligence, and regulatory reporting.
- Market Dynamics and Challenges:
- The need to modernize legacy systems and address synthetic identity fraud remains a challenge.
- Financial institutions are expanding budgets for AML compliance but face uncertainties in meeting evolving regulatory expectations.
- There is growing alignment across jurisdictions for beneficial ownership data sharing and cooperation to combat cross-border financial crime.
Overall, 2025 is marked by a global pivot to smarter, technology-enabled KYC/AML compliance amid tougher regulatory scrutiny and increasing penalties for non-compliance.
Unfortunately, id4 has so far failed to capitalize on the opportunity presented by the continued growth in the KYC/AML Market mentioned above, such that the Company is pivoting to an outsource sales strategy. In parallel, the Board has also invited Richard Emanuel to the Board as Executive Chairman. Richard and I have already struck up a good working relationship, which I hope will result in positioning the Company for Growth. As previously announced, we have introduced a Crypto Treasury Management Strategy and already reaped positive returns from our holdings. Although I would point out that unlike many other companies that have gone down this road, our primary focus is to grow our core business and expand through acquisition, as possible. Given the Company’s results, I have again decided to waive my consultancy fee. Duncan Soukup Chairman Anemoi International Ltd 26 September 2025 Financial Review During the period under review Book Value per share decreased from 2.25p as at 31 December 2024 to £2.07p per share at 30 June 2025, driven by ongoing operating losses in ID4 AG, partially offset by investment returns of £18k. The Group Operating Loss before depreciation for the period increased from £(22)k in H1 2024 to £(185)k in H1 2025. 2024 results were positively impacted by the Chairman’s Fee waiver for the proceeding reporting periods and in 2025 the Chairman again waived fees. The Group Loss Before Tax for the period also increased from £(108)k in H1 2024 to £(279)k in H1 2025. Total Income decreased from £72k in H1 2024 to £56k in H1 2025. The decline in Software services’ income was partially offset by positive contribution from financial holdings and increased interest income. Total Administrative Expenses increased from £85k in H1 2024 to £218k in H1 2025. £23k of other savings were identified in the current period vs the comparative period across other Administrative Expenses categories, including IT (accounting software savings), rent/office expenses and professional fees. Development Costs capitalised to Intangible Assets were reduced from £78k in H1 2024 to Nil in H1 2025 helping to preserve cash. Responsibility Statement We confirm that to the best of our knowledge: a) the condensed set of financial statements has been prepared in accordance with IAS 34 'Interim Financial Reporting'; b) the interim management report includes a fair review of the information required by DTR 4.2.7R (indication of important events during the first six months and description of principal risks and uncertainties for the remaining six months of the year); and c) the interim management report includes a fair review of the information required by DTR 4.2.8R (disclosure of related parties' transactions and changes therein). Cautionary statement This Interim Management Report (IMR) has been prepared solely to provide additional information to shareholders to enable them to assess the Company’s strategy and the potential for that strategy to succeed. The IMR should not be relied on by any other party or for any other purpose. Duncan Soukup Chairman Anemoi International Ltd 26 September 2025 RISKS AND UNCERTAINTIES A summary of the key risks and mitigation strategies is below: Rank | Risk | Mitigation | 1. | Recent geopolitical tensions and shifts in trade policy, particularly between major economies, have increased uncertainty around global trade flows. Changes in trade policies, including the imposition of tariffs or trade restrictions between major economies, can influence market volatility, affect corporate earnings, and shift global capital flows. These developments may lead to reduced investment returns or increased risk across certain asset classes or geographies. Also, capital markets activity and raising new money are effected. | Portfolio Diversification: Our investment strategy emphasizes diversification across sectors, asset classes, and geographies Engagement with Portfolio Companies: Where applicable, we engage with the management of key portfolio companies to assess their exposure to tariffs and their mitigation plans Dynamic Asset Allocation: Retain the flexibility to adjust exposures in response to material trade-related risks, including reweighting positions in sectors or regions disproportionately affected by tariff changes. | 2. | Insufficient cash resources to meet liabilities, continue as a going concern and finance key projects. | Short term and annual business plans are prepared and are reviewed on an ongoing basis. | 3. | Loss of key management/staff resulting in failure to identify and secure potential investment opportunities and meet contractual requirements. | Regular review of both the Board’s and key management’s abilities. Review of salaries and benefits including long term incentives and ongoing communication with key individuals. | 4. | Failure to maintain strong and effective relations with key stakeholders in investments resulting in loss of contracts or value. | The Board and senior management seek to establish and maintain an open and transparent dialogue with key stakeholders. | 5. | Failure to comply with law and regulations in the jurisdictions in which we operate. | Key management are professionally qualified. In addition the Company appoints relevant professional advisers (legal, tax, accounting etc) in the jurisdictions in which we operate. | 6. | Significant changes in the political environment, including the impact of the conflict in Ukraine and Gaza, results in loss of resources/market and/or business failure. | The Group is currently poised to take advantage of disruption to the global economy with a low cost base and flexibility to scale up as and when the economy recovers. Increased focus on compliance within the financial investment world will benefit the company long term. | 7. | The adoption by the Company of a crypto treasury management strategy indirectly exposes shareholders to the high-risk nature of crypto assets, such as volatility in value, potential fraudulent activity and the failings of service providers. | The Company will adopt a conservative and carefully controlled crypto treasury management framework. Exposure levels will be limited to a prudent proportion of total treasury assets, with regular rebalancing to manage volatility. Reputable, regulated service providers will be engaged following thorough due diligence, with custody arrangements structured to reduce counterparty risk. Independent oversight, robust internal controls, and periodic audits will be implemented to safeguard against fraud and operational failures. |
Disclaimer: Crypto assets are not currently regulated by the Financial Conduct Authority (FCA) and involve a high degree of risk, including significant volatility and potential loss. Nothing herein constitutes investment advice, a financial promotion, or an offer to buy or sell any crypto assets. Shareholders and prospective investors should exercise caution and seek appropriate independent advice. Interim Condensed Consolidated Statement of Income For the six months ended 30 June 2025 | | 6 Months to | 6 Months to | Year Ended | | | Jun 2025 | Jun 2024 | Dec 2024 | | GBP | GBP | GBP | Note | Unaudited | Unaudited | Audited | Software services income | | 37,859 | 46,265 | 97,080 | Net gains/(losses) on investments at fair value | | 13,795 | 7,597 | (35,628) | Investment interest income | | 4,635 | 18,504 | 31,214 | Total Income | | 56,289 | 72,366 | 92,666 | Software services expenses | | (17,801) | (5,865) | (68,741) | Financial holdings expenses | | (5,735) | (3,113) | (11,354) | Total Cost of Sales | | (23,536) | (8,978) | (80,095) | Gross profit | | 32,753 | 63,388 | 12,571 | Total administrative expenses | | (217,720) | (85,467) | (318,034) | Operating loss before depreciation | | (184,967) | (22,079) | (305,463) | Depreciation and Amortisation | 5 | (94,519) | (83,196) | (171,601) | Operating loss | | (279,486) | (105,275) | (477,064) | Net financial income/(expense) | | - | (2,873) | (2,873) | Share of profits of associated entities | | - | - | 19,377 | Profit/(loss) before taxation | | (279,486) | (108,148) | (460,560) | Taxation | | (913) | (1,676) | (1,678) | Profit/(loss) for the period | | (280,399) | (109,824) | (462,238) | | | | | | | | | | | Earnings per share - pence (using weighted average number of shares) | |
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