olivLaw · European equity research
Sealand Capital Galaxy Limited SCGL.L
United Kingdom · London Stock Exchange · Vertical: Listed companies from United Kingdom
Sealand Capital Galaxy is an investment, development and operating platform focused on technology, e-commerce and IT with a primary emphasis on Asia-Pacific. In January 2026 it announced a shift toward artificial intelligence and SaaS, while revenue rose from 121,802 to 1,545,160 pounds in fiscal 2025.
At the close of 05 Nov 2026, Sealand Capital Galaxy Limited (SCGL.L) stock was 0.00 GBP (+1.46% on the day), with market capitalisation 38.2 k GBP, beta -0.04, 52-week range 0.00–0.01 GBP.
Data as of · AI analysis dated · Source: ESEF annual reports and closing prices, computed by olivLaw.
Price history
Loading chart…
Technical reading
- RSI (14)
- 53.5
- neutral
- Bollinger (20, 2)
- 0.00 – 0.00
- in the upper half of the band · %B 0.89 · band width 21.7%
- SMA 50 / 200
- 0.00 / 0.00
- uptrend (price > SMA50 > SMA200)
- MACD (12, 26, 9)
- -0.00 / -0.00
- MACD above signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | EURO STOXX 50 | vs EURO STOXX 50 | Vertical median | |
|---|---|---|---|---|
| 1 month | −5.0% | −0.6% | −4.4 pp | — |
| 3 months | +7.2% | −4.2% | +11.3 pp | — |
| 6 months | +67.2% | +4.3% | +62.9 pp | — |
| Year to date | +52.0% | +7.5% | +44.5 pp | — |
| 1 year | +22.9% | +9.9% | +13.0 pp | +5.8% |
| 3 years | unavailable | +49.8% | unavailable | +26.3% |
| 5 years | unavailable | +42.8% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
ESEF annual reports carry no quarters: the results are annual (below).
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Fiscal years
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 226.8 k | 125.8 k | 121.8 k | 1.5 m |
| Revenue YoY | unavailable | −44.5% | −3.2% | +1,168.6% |
| Net income | -177.1 k | -414.2 k | -353.0 k | -1.6 m |
| Net income YoY | unavailable | unavailable | unavailable | unavailable |
| Diluted EPS | unavailable | unavailable | -0.05 | -0.18 |
| Diluted EPS YoY | unavailable | unavailable | unavailable | unavailable |
| net % | -78.1% | -329.3% | -289.8% | -106.4% |
| Free cash flow | unavailable | unavailable | unavailable | unavailable |
Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 112.5 k GBP
- Financial debt
- unavailable GBP
- Net debt
- unavailable GBP
- Equity
- -2.1 m GBP
- Total assets
- 2.2 m GBP
- Debt / equity
- unavailable
- Current ratio
- 0.50x
- ROE
- unavailable
- ROA
- -141.9%
- FCF margin
- unavailable
Financial statements (source on every figure)
Revenue and net income (GBP)
Margins
Income statement · GBP
| Line | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|
| Revenue | 226.8 k | 125.8 k | 121.8 k | 1.5 m | esef· 25 Jun 2026verified |
| Cost of revenue | 134.0 k | 71.9 k | 64.7 k | 956.1 k | esef· 25 Jun 2026verified |
| Gross profit | 92.8 k | 53.9 k | 57.1 k | 589.0 k | esef· 25 Jun 2026verified |
| Operating income | — | — | -350.2 k | -365.6 k | esef· 25 Jun 2026verified |
| Interest expense | — | — | 0 | 1.1 m | esef· 25 Jun 2026verified |
| Pre-tax income | -179.6 k | -427.0 k | -350.2 k | -1.5 m | esef· 25 Jun 2026verified |
| Income tax | 0 | 0 | 0 | 89.8 k | esef· 25 Jun 2026verified |
| Net income | -177.1 k | -414.2 k | -353.0 k | -1.6 m | esef· 25 Jun 2026verified |
| Diluted EPS | — | — | -0.05 | -0.18 | esef· 25 Jun 2026verified |
Balance sheet · GBP
| Line | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|
| Cash | 35.6 k | 9.1 k | 18.5 k | 112.5 k | esef· 25 Jun 2026verified |
| Inventories | 106.1 k | 49.2 k | 20.9 k | 43.4 k | esef· 25 Jun 2026verified |
| Current assets | 226.4 k | 139.3 k | 106.9 k | 2.1 m | esef· 25 Jun 2026verified |
| Property, plant & equipment, net | 44.8 k | 14.2 k | — | — | esef· 01 May 2024verified |
| Goodwill | — | — | 0 | 22.2 k | esef· 25 Jun 2026verified |
| Total assets | — | — | 148.8 k | 2.2 m | esef· 25 Jun 2026verified |
| Current liabilities | 1.1 m | 1.4 m | 1.7 m | 4.2 m | esef· 25 Jun 2026verified |
| Equity | -892.8 k | -1.3 m | -1.6 m | -2.1 m | esef· 25 Jun 2026verified |
| Shares outstanding at year end | — | — | 7.1 m | 9.1 m | esef· 25 Jun 2026derived |
Cash flow · GBP
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
1 indicators that do not apply to the sector.
Valuation
olivLaw classification
- indicators available: 4 of at least 6
- score weight coverage: 25.0% of at least 60%
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
05 Nov 2026Source: olivLaw, closing series
Market cap: 38.2 k GBP
Key indicators
Coverage and freshness
Score by group
25% · Insufficient data
Estimated value range
unavailable — no valuation assumptions for the reporting currency
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
Assumptions (illustrative, editorial)
- Risk-free rate
- 6.5%
- Equity risk premium
- 6.0%
- Beta (default)
- 1.00
- Cost of equity
- 12.5%
- Terminal growth
- 3.0%
Factor scorecard
Insufficient data
Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 25.0% of at least 60%; valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| ROIC · Quality | unavailable | unavailable | — |
| Net margin · Quality | -106.4% | 9 (vs peers) | 25% |
| FCF conversion · Quality | unavailable | unavailable | — |
| Revenue CAGR 3Y · Growth | 89.6% | 100 (on a fixed band) | 33% |
| EPS CAGR 3Y · Growth | unavailable | unavailable | — |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Interest coverage · Balance sheet | -0.3x | 0 (on a fixed band) | 25% |
| Current ratio · Balance sheet | 0.5x | 0 (on a fixed band) | 17% |
| P/E (TTM) · Valuation | unavailable | unavailable | — |
| EV/EBITDA · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | unavailable | unavailable | — |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
| Payout ratio (FCF) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet0/100 · 2/3 factors with a value
- Growth· partial100/100 · 1/2 factors with a value
- Quality· partial9/100 · 1/3 factors with a value
- Returns· partialunavailable · 0/2 factors with a value
- Valuation· partialunavailable · 0/3 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
Sealand Capital Galaxy Limited (SCGL.L). Latest full fiscal year: 2025; data up to 2025-12-31.
Figures computed from the financial statements: revenue 1.5 m GBP in 2025; YoY growth 1,168.6%; net margin -106.4%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 25.0% of at least 60%; valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- Revenue CAGR 3Y: 89.6%
What contradicts it
- Net margin: -106.4%
- Interest coverage: -0.3x
- Current ratio: 0.5x
Not assessed (insufficient data or a ratio without meaning): ROIC, FCF conversion, EPS CAGR 3Y, Net debt / EBITDA, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions), Payout ratio (FCF).
Versus the vertical median
Listed companies from United Kingdom · same country · compared with 39 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| BATS.LBritish American Tobacco P.L.C. | 104.3 bn | 13.5 | 16.5% | 30.3% | −1.0% | +7% / +88% |
| ABF.LAssociated British Foods PLC | 14.7 bn | 14.3 | 9.2% | 5.3% | −3.1% | −5% / −15% |
| 0EV1.LCarnival PLC | 5.5 bn | 4.1 | 46.7% | 13.4% | +6.4% | unavailable / unavailable |
| BAB.LBabcock International Group PLC | 5.1 bn | 24.7 | 34.7% | 4.1% | +7.2% | −10% / +158% |
| AUTO.LAutotrader Group PLC | 4.8 bn | 16.4 | 60.2% | 47.1% | +3.9% | −13% / −23% |
| BBY.LBalfour Beatty PLC | 4.2 bn | 16.3 | 23.2% | 2.8% | +15.2% | +20% / +160% |
| ABDN.LAberdeen Group PLC | 4.1 bn | 10.8 | 8.0% | 28.9% | −2.1% | +11% / +41% |
| BKG.LThe Berkeley Group Holdings PLC | 3.6 bn | 11.3 | 8.8% | 13.4% | −4.2% | −0% / −22% |
| BME.LB&M European Value Retail PLC | 2.9 bn | 17.4 | 21.2% | 2.8% | +3.7% | +68% / −51% |
| AJB.LAj Bell PLC | 2.4 bn | 22.8 | 49.9% | 33.1% | +18.0% | +8% / +128% |
| ASHM.LAshmore Group PLC | 1.4 bn | 13.9 | 13.1% | 71.6% | −0.1% | +28% / +18% |
| BCG.LBaltic Classifieds Group PLC | 1.2 bn | 23.2 | 15.8% | 57.6% | +6.9% | −99% / −99% |
| APN.LApplied Nutrition PLC | 763.6 m | 36.2 | 41.2% | 19.7% | +24.2% | +71% / unavailable |
| BAG.LA.G. Barr P.L.C. | 671.9 m | 14.4 | 14.4% | 10.8% | +4.0% | −7% / +26% |
| ASC.LAsos PLC | 494.5 m | — | -81.3% | -12.0% | −14.7% | +71% / +8% |
| ALFA.LAlfa Financial Software Holdings PLC | 486.8 m | 16.3 | 61.5% | 23.8% | +15.3% | −28% / +10% |
| AML.LAston Martin Lagonda Global Holdings PLC | 344.3 m | — | -93.4% | -39.2% | −20.6% | −45% / −85% |
| APTD.LAptitude Software Group PLC | 111.3 m | 28.5 | 7.2% | 6.2% | −7.3% | −30% / −23% |
| AMGO.LAmigo Holdings PLC | 9.9 m | — | — | — | −81.9% | +325% / +844% |
| ASBE.LAssociated British Engineering PLC | 605.3 k | — | -19.1% | — | unavailable | unavailable / unavailable |
| AMIF.LAmicorp Fs (uk) PLC | 221.6 k | 0.1 | 27.5% | 9.1% | +8.1% | unavailable / unavailable |
| SCGL.LSealand Capital Galaxy Limited | 38.2 k | — | — | -106.4% | +1,168.6% | +29% / +234% |
| AAF.LAirtel Africa PLC | — | — | 24.1% | 10.6% | +29.5% | −7% / +164% |
| AAL.LAnglo American PLC | — | — | -19.3% | -20.2% | +4.5% | +30% / +76% |
| ACG.LAcg Metals Limited | — | — | -80.3% | -32.0% | +134.8% | +60% / +63% |
1- and 3-year price returns: for SCGL.L from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (GBP)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 3 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
| 5 years | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable | insufficient data Total return unavailable · Per year unavailable |
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Sealand Capital Galaxy is an investment, development and operating platform focused on technology, e-commerce and IT with a primary emphasis on Asia-Pacific. In January 2026 it announced a shift toward artificial intelligence and SaaS, while revenue rose from 121,802 to 1,545,160 pounds in fiscal 2025 1.
SWOT
Strengths
- The dual-hub model, with Shenzhen and Hong Kong, connects international technology opportunities with local market access 1.
- The company raised fresh capital in early 2026, which the report says materially strengthened its balance sheet 1.
- A diversified portfolio spanning e-commerce, technology, advisory and investments offers several sources of income 1.
Weaknesses
- The net loss widened in 2025, partly because of a non-cash accounting loss on derivatives linked to convertible loan notes 1.
- Operating cash flows remain at a development stage according to the report 1.
- Reliance on a few major customers and on third-party suppliers exposes the company to concentration risk 1.
Opportunities
Threats
- Geopolitical tensions and international sanctions could affect cross-border operations 1.
- Currency fluctuations between sterling, Hong Kong dollars and yuan could generate exchange losses 1.
- The temporary suspension of trading on the London Stock Exchange in May 2026 raised reputational and compliance risks 1.
Risks
- Strategy executionhigh
If the shift toward AI and SaaS runs into delays, operating performance and long-term development could be affected 1.
- Liquidityhigh
The company could face liquidity pressure if operating cash flows fall below expectations or unforeseen obligations arise 1.
- Customer concentrationmedium
The loss of a major customer or delayed payments could have a significant impact on results 1.
- Listing compliancemedium
The delayed annual report and the trading suspension point to risks around compliance with exchange requirements 1.
- Currency risklow
The company does not use hedging instruments, so exchange-rate changes could affect its financial position 1.
Investment thesis
What would need to be true (bull case)
- If the new AI and SaaS strategy succeeds and revenue from Asia-Pacific keeps growing, the company could benefit from the capital it raised in 2026 to strengthen its position 1.
- Revenue growth in 2025 and the dual-hub model could support sustainable expansion if execution stays disciplined 1.
- A diversified portfolio combining e-commerce, technology and advisory could reduce dependence on a single source of income 1.
What would break the thesis
- The net loss and still-uncertain operating cash flows could limit the company's ability to fund its plans without further capital raises 1.
- Shareholder concentration and leadership changes could create uncertainty about the strategic direction 1.
- The trading suspension and the late annual report could weigh on investor confidence and the company's reputation 1.
What to watch
- Execution of the new AI and SaaS strategy and early commercial results2026
- Development of operating cash flows after the capital raised in the first quarterQ1 2027
- Dependence on major customers and the concentration of revenuenext 10-K
- Normal resumption of trading and timely publication of financial reports2026
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
Sealand Capital Galaxy Limited, incorporated in the Cayman Islands, operates as an investment, development and operating platform focused on technology, e-commerce and IT 1. Its activities include deploying capital into high-growth opportunities, providing strategic and operational support to portfolio companies, and advisory mandates for international businesses entering China and the UK 1. Operations run through a dual-hub model, with Shenzhen serving Mainland China and Hong Kong supporting expansion across Southeast Asia and the wider Asia-Pacific region 1.
Since January 2026 the group has shifted its focus toward artificial intelligence, software-as-a-service, computing infrastructure and energy solutions to support scalable digital platforms 1. The annual report notes that these directions are still being developed and that execution involves business model adjustments and reallocation of resources 1.
Beyond e-commerce and technology, the group holds strategic investments, mainly in early-stage technology and internet enterprises, and offers advisory services 1. Its shareholding changed materially after year-end, with one principal shareholder holding 48.73% of the issued share capital 1.
Segments
E-commerce
The e-commerce activity has been stable and relies on third-party suppliers for goods and logistics, which introduces risks of delays and higher costs 1.
Technology and AI
The technology and AI segment, including SaaS and digital services, is the new strategic focus, but the report flags intense competition and uncertain customer acceptance 1.
Investments and advisory
Strategic investments and advisory mandates for firms entering China and the UK complement the portfolio, although the value of investments can fluctuate significantly 1.
Market context
The company operates in technology, e-commerce and IT services across Asia-Pacific, with emphasis on Mainland China and Hong Kong 1. The report does not give market size data, so the competitive context and demand trends are hard to quantify from this source 1.
Macroeconomic and geopolitical risks, including trade frictions and fluctuations between GBP, HKD and CNY, could affect both demand and consolidated results 1.
Trends
- Artificial intelligence and SaaSmixed
Demand for AI and software-as-a-service solutions could support the company's new strategic direction if its products become competitive and are adopted by customers 1.
- Expansion across Asia-Pacifictailwind
Growing commercial activity in the region contributed to higher revenue in 2025, according to the report 1.
- Rapid technological changeheadwind
The technology industry evolves quickly, and failure to launch competitive products could erode the company's market position 1.
- Currency and macroeconomic volatilityheadwind
Exchange-rate swings and an economic slowdown could reduce demand and complicate the recovery of receivables 1.
Competitive position
The annual report does not explicitly name competitors. The new directions, such as AI, SaaS and computing infrastructure, are described as facing intense market competition 1.
The competitive position depends on the company's ability to combine access to Mainland China and Asia-Pacific markets with technology partnerships, aspects the source does not quantify 1.
- Regional e-commerce and technology operators
The source does not name competitors; the new AI and SaaS areas are described as facing intense competition 1.
- Third-party suppliers and logistics providers
E-commerce depends on outside suppliers, whose problems can affect orders and costs 1.
- Advisory firms for international market entry
Mandates for firms entering China and the UK compete with other providers of advisory services 1.
- Developers of AI and SaaS solutions
The new strategic directions face existing products already on the market, as the risk section describes 1.
News & filings
In the press
No news in our archive over the last 180 days.
Annual reports (ESEF)
- Annual report 202525 Jun 2026
- Annual report 202301 May 2024
Sources
- [1] Annual report, fiscal year ended 2025-12-31 (ESEF) · SEC / Sealand Capital Galaxy Limited · 31 Dec 2025
Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.