Earnings release
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RNS Number : 1013B Duke Capital Limited 29 September 2025 Page 1 of 3
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29 September 2025 Duke Capital Limited (" Duke Capital ", "Duke" or the "Company") Trading Update Duke Capital Limited (AIM: DUKE), a leading provider of hybrid capital solutions for SME business owners in Europe and North America , is pleased to provide guidance on its trading for the second quarter of the financial year ending 31 March 2026 ("Q2 FY26"). Trading Update Based on current trading, Duke expects to achieve recurring cash revenue* of £6.6 million in Q2 FY26. This represents a 3% year-on-year increase on Q2 FY25 (£6.4 million) and in line with the prior quarter, Q1 FY26. Overview of quarterly revenue growth: Recurring Cash Revenue* Total Cash Revenue** Q1 FY25 £6.3 million £6.8 million Q2 FY25 £6.4 million £6.8 million Q3 FY25 £6.5 million £6.5 million Q4 FY25 £6.4 million £6.8 million Q1 FY26 £6.6 million £6.6 million * Recurring cash revenue excludes exit premium receipts and cash gains from equity sales ** Total cash revenue is monthly cash distributions from Duke's partners plus exit premium receipts and cash gains from equity sales Neil Johnson , CEO of Duke Capital , said: "Our business model continues to show its resilience in a challenging UK market where we have seen persistent high inflation. Despite this, we have consistently delivered year-on-year increases in our recurring cash revenues. During the last quarter, we were pleased to see the UK base rate fall in August. Our business model and attractiveness to investors benefits with lower interest rates. Along with our strong balance sheet, this will enhance our ability to deliver long- term, sustainable value for shareholders." ***ENDS*** For further information, please visit https://dukecapital.com/ or contact: Duke Capital Limited Neil Johnson / Charles Cannon Brookes / Hugo Evans +44 (0) 1481 231 816 Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker) Stephen Keys / Callum Davidson / Michael Johnson +44 (0) 207 220 0500 Canaccord Genuity Limited (Joint Broker) Adam James / Harry Rees +44 (0) 207 523 8000 SEC Newgate ( Financial Communications ) Robin Tozer / Alice Cho / Gwen Samuel + +44 (0) 20 3757 6882 dukecapital@secnewgate.co.uk About Duke Capital Duke is a leading provider of hybrid capital solutions for SME business owners in Europe and North America , combining the best features of both equity and debt. Since 2017, Duke has provided unique long-term financing which eliminates re-financing risk and necessity for a short-term exit by providing a unique 'corporate mortgage' while also aligning its returns to grow with the success of the business. Duke is focused on generating attractive risk-adjusted returns for shareholders and has a track record of achieving this across market cycles. It's three investment pillars are capital preservation, attractive dividend yield, and to provide upside upon exits. Duke is listed on the AIM market under the ticker DUKE and is headquartered in Guernsey . This information is provided by RNS, the news service of the London Stock Exchange . RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom . Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com . Page 2 of 3
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