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0.365 0.015 (4.29%)

Bid:

0.35

Ask:

0.38

Spread: 0.03 (8.571%)

Market Cap: £5.87m

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IN BRIEF: Quantum Blockchain loss narrows as remains upbeat

Mon, 23rd Sep 2024 14:16

Quantum Blockchain Technologies PLC - investment company focused on technology sector, particularly blockchain, cryptocurrency and artificial intelligence - Pretax loss narrows to EUR1.3 million in the first half of 2024 from EUR1.5 million a year ago. Quantum Blockchain says it continues to focus on its research & development programme and investing in the technology sector. Looking ahead, Chair & Chief Executive Officer Francesco Gardin says: "The board remains positive as the technology investments are deemed sound and promising in fast growth markets, while the legal claims have strong merit against defendants who are expected to remain solvent, thereby enhancing the prospect of collection of the judgment debts."

By Tom Budszus, Alliance News slot editor

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