RE: Substantial increase20 Nov 2024 08:15
Wayne great memory, here is the actual wording and other snippets;
Angra Global provides the first pillar of GS Money and is enjoying substantial growth with its multi-currency e-wallet service, particularly post year end. With additional services being added and further geographic expansion planned this growth is expected to accelerate.
Significant further growth seen with both Angra Global and the GS20 Exchange post year end
Further significant growth is expected to be seen in the current financial year and the various businesses progress and are fully consolidated into the Group.
Angra Global's multi-currency e-wallet service, initially covering Sterling, Euro, US Dollar, Canadian Dollar, Chinese Yuan Renminbi and US Dollar Tether Token transactions was launched on 1 September 2023 and continues to grow, with significant growth seen post the year end.
Semnet has now been successfully integrated into the Group's operations and the Semnet team's experience and capabilities are already adding significant value to the Group's operations, particularly through enhanced cybersecurity support.
Semnet was only consolidated into the Group on 1 March 2024, a month before the year end, but is trading ahead of the GST Board's expectations at the time of the acquisition and the business is achieving significant profitable growth.
During April to June 2024, GST has experienced a notable increase in revenues, reflecting the effectiveness of the company's strategic initiatives and the strong performance of our subsidiaries. Each operating subsidiaries contributed significantly to this growth, with standout performances in key markets driven by increased adoption of our digital payment solutions and expanded partnerships with financial institutions. Our efforts to penetrate new markets and strengthen our presence in existing ones have yielded positive results, with new client acquisitions and expanded service agreements.
And it goes on and on. I believe. I believe in the BOD.
I believe we are all going to be rich.
" Riches within our reach" (Robert Collier )