RE: Mode14 Jan 2021 14:56
Yes, we need to presume that a fair whack of of the 125,000 users registered in December have done a reasonable amount of trading in the last 8 weeks. I still believe we did over Β£4 million in revenue last year and those users are still buying and selling like crazy today with more every week. I note in the update for December they said trading income was modest but i really hope modes means a few million quid :-)
RNS Number : 5237K
Mode Global Holdings PLC
05 January 2021
"Mode is still a new entrant to the market causing trading income to be modest at present, however, we believe that, in common with other tech companies, it is vital to focus on building growth and we are proud of the progress achieved. In the first few days of January alone, Mode has already seen a 40% increase in user growth numbers compared to its weekly average during its record-breaking December, signaling another strong month ahead."