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Consolidated statement of comprehensive income

Consolidated statement of financial position

Consolidated statement of cash flows

Consolidated statement of changes in equity Attributable to equity shareholders of the company

NOTES TO THE FINANCIAL STATEMENTS

Financial information contained in this document does not constitute statutory accounts within the meaning of section 434 of the Companies Act 2006 ("the Act").

The statutory accounts for the year ended 31 December 2024 have been filed with the Registrar of Companies. The report of the auditors confirmed that the financial statements:

·    give a true and fair view of the state of the Group's and of the Parent Company's affairs as at 31 December 2024 and of the Group's loss for the period then ended;

·    have been properly prepared in accordance with UK-adopted international accounting standards and, as regards the parent company financial statements, as applied in accordance with the provisions of the Companies Act 2006; and

·    have been prepared in accordance with the requirements of the Companies Act 2006.

The auditors conducted the

 audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law.

The financial information for the six months ended 30 June 2025 and 30 June 2024 is unaudited. This announcement was approved by the Board on 05 September 2025.

1.    Reporting entity

Fiinu Plc (the "Company" or, the "Group") is a public company limited by shares incorporated in England and Wales. The registered office is Ibex House, Baker Street, Weybridge, KT13 8AH. The consolidated financial statements of the Company as at 30 June 2025 and for the six months ended 30 June 2024 comprise the Company and its subsidiaries (together referred to as the "Group").

Fiinu Plc is a publicly listed company on the AIM market of the London Stock Exchange, bringing together bank-grade technology, with its Plugin Overdraft®, a technical Open Banking-enabled BaaS solution, coupled with a growing FX arm, acquired after the end of the half-year in August 2025, with strategic plans to expand its presence and product offerings in the financial services sector.

2.    Basis of preparation

The consolidated financial information has been prepared in accordance with UK adopted international accounting standards. The consolidated financial statements are presented in pounds sterling, the functional currency of the Company and presentation currency of the Group.

The interim financial information is made up to 30 June 2025. Where necessary, adjustments are made to the financial information of subsidiaries to bring the accounting policies used into line with those used by other members of the Group.

All intra-Group transactions, balances and unrealised gains on transactions between Group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

Subsidiaries are consolidated in the Group's financial statements from the date that control commences until the date that control ceases.

Acquisitions are accounted for using the acquisition method. the cost of an acquisition is measured at fair value at the date of exchange of the consideration. Identifiable assets and liabilities of the acquired business are recognised at their fair value at the date of acquisition. To the extent that the cost of an acquisition exceeds the fair value of the net assets acquired the difference is recorded as goodwill. Where the fair value of the net assets acquired exceeds the cost of an acquisition the difference is recorded in profit and loss. The Group has chosen not to adopt IAS 34 "Interim Financial Statements" in preparing the interim financial information.

3.    Significant accounting policies

The accounting policies set out in detail in note 2 of the Group's consolidated financial statements to 31 December 2024 have been applied consistently to these unaudited financial statements to 30 June 2025. There are no new standards or amendments to standards which are material to the accounts for the half-year ended 30 June 2025.

4.    Events in the six months ended 30 June 2025

·   White-labelled Plugin Overdraft® Partnership: In January 2025, the Company announced non-binding heads of terms for its first white-label deal with a UK bank, providing an AI-driven Banking-as-a-Service (BaaS) platform that includes its Plugin Overdraft®. The platform will integrate with the bank's existing systems, marking a key milestone in Fiinu's growth. The UK bank is expected to launch this product in Q4 2025.

·   Capital Raised Through Share Issuance: In February 2025, the Company raised £1,250,000 by issuing 12.5 million new ordinary shares at an issue price of 10 pence each. The funds being used to further develop the Plugin Overdraft® as a white-label product and to support working capital needs.

·   Software Reactivation: In March 2025, the Company reactivated core Banking services provided by Tuum supporting the white-label Plugin Overdraft® alongside building in-house developer capacity.

·    Strategic Focus: While costs increased in the first half of the year, driven by efforts to complete the acquisition of Everfex PSA and the re-admission to trading on AIM, both milestones were successfully achieved in August 2025, positioning the Group for the next phase of growth.

5.    Share capital

Allotted, issued and fully paid:

There are no restrictions on the transfer of shares in Fiinu Plc. All shares carry equal voting rights.

6.    Post Period end events

·    Completed the Acquisition of Everfex P.S.A.: In August 2025, the Company completed the acquisition of Everfex P.S.A. from Granicus Holdings OU, for an initial consideration of £8 million, to be satisfied through the issue of 80,000,000 new ordinary shares, at a price of 10p per new ordinary share. Additional consideration of £4 million may be payable after 1 January 2026 if Everfex achieves certain performance criteria, which would be satisfied through the issue of 20,000,000 additional new ordinary shares at an issue price of 20p per new ordinary share. This acquisition constituted a reverse takeover under the AIM Rules and was approved by shareholders in a General Meeting on 26 August 2025.

·   Capital Raised Through Acquisition: In August 2025, the Company successfully raised approximately £0.8 million through a conditional cash subscription via the issuance of 8,010,000 new ordinary shares at an issue price of 10 pence per share, as part of the Everfex PSA acquisition.

·    Diversified Corporate Leadership: In August 2025, the Group announced the appointments of two new plc Directors and two senior managers, alongside changes to the CFO position. These appointments enhance the breadth and depth of financial services expertise across the Group.

·   Capital Raised Through Subscription: In September 2025, the Company entered into subscription agreements to raise £1.4 million by issuing new ordinary shares at 15 pence per share, reflecting a 50% premium to the subscription price announced on 6 August 2025.

·   Warrant Overhang Settlement: In September 2025, the Company reached a mutual agreement with GEM to terminate the GEM Facility, including outstanding warrants through the issuance of "Settlement Shares," resulting in a termination payment of £1.15 million, satisfied by the issuance of 7,666,667 new ordinary shares in the Company at 15 pence per share and reducing the existing overhang on Fiinu's capital structure

7.    Earnings per share

The basic and diluted earnings per share are calculated using the after tax loss attributable to equity shareholders for the financial period of £980,338 (30 June 2024: loss £238,173; 31 December 2024: loss £700,068) divided by the weighted average number of Ordinary shares in issue in each of the relevant periods: 30 June 2025: 283,863,268 shares (30 June 2024: 274,747,246 shares and 31 December 2024: 274,747,246). For the year-ended 31 December 2024 there was no movement on the number of shares in issue. During the half-year period to 30 June 2025, 12,500,000 shares were issued by the group. For the period to 30 June 2025 and the year to 31 December 2024 and period to 30 June 2024 and in accordance with IAS 33, the diluted loss per share is stated as the same amount as basic as there is no dilutive effect.

FORWARD LOOKING STATEMENTS

This document contains certain forward-looking statements which reflect the knowledge and information available to the Company during the preparation and up to the publication of this document. By their very nature, these statements depend upon circumstances and relate to events that may occur in the future thereby involving a degree of uncertainty. Although the Group believes that the expectations reflected in these statements are reasonable, it can give no assurance that these expectations will prove to have been correct. Given that these statements involve risks and uncertainties, actual results may differ materially from those expressed or implied by these forward- looking statements.

The Group undertakes no obligation to update any forward-looking statements whether because of new information, future events or otherwise.

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