Member Info for share12345

Stock A 1 91,446,096 37,496,593 41.0% 0 0.0% 41.0%
Shareholders
Name Equities %
Jonathan David Rowland 18,973,559 20.7%
Ruskin Capital Ltd. 11,172,120 12.2%
Ryan Wallace Moore 6,606,094 7.22%
Canaccord Genuity Wealth Ltd. 3,636,364 3.98%
Miton Asset Management Ltd. 3,560,000 3.89%
Bonderman Family LP 3,538,427 3.87%
Williams David Caroline 3,293,339 3.60%
Simon Lean 2,408,056 2.63%
Linley Ltd. 2,408,056 2.63%
Liwathon Ltd. 2,408,056 2.63%

zpr.io/NnjZBHSgaATT

https://vimeo.com/724410842

In 2 months, we’ve almost doubled the size of our merchant list - with more huge names being added every week ??

(Alliance News) - Mode Global Holdings PLC said on Tuesday its loss widened its in 2021 despite significant growth in revenue and its user base, as administrative costs put a damper on otherwise "pleasing" results.

Shares in the bitcoin banking app were down 13% at 7.16 pence on Tuesday morning in London.

Mode Global reported annual revenue has jumped to GBP1.3 million in 2021 from GBP450,000 the previous year as its user base more than tripled over the 12-month period. This, the company said, was driven by significant year-on-year growth in bitcoin trading.

However, this figure was dampened by a significant surge in administrative costs. The costs rocketed to GBP9.4 million from GBP3.5 million the previous year as a result of higher people costs and share option expenses.

Advertising spend also increased, rising to GBP1.4 million in the year from just GBP188,000 the year prior. Mode Global said the increased spend was done to drive growth in revenue.

Mode Global's pretax loss widened to GBP9.2 million from GBP3.9 million.

Chair Jonathan Rowland said: "These results are very pleasing. The focus in 2021 was on product development and growth. The delivery of these ambitious growth plans did see operating costs increase in 2021

"However, the revenue increases we are reporting are a clear indicator that our proposition is a compelling one. In addition, our successful oversubscribed convertible loan also shows that despite recent market volatility in crypto and tech, Mode continues to attract strong interest from the investor community."

By Heather Rydings; heatherrydings@alliancenews.com

https://audioboom.com/posts/8026408-the-sunday-roast-with-jonathan-rowland-executive-chairman-of-mode-global-holdings-lse-mode

Mode has received irrevocable commitments from new and existing investors to subscribe for £1,935,000 of convertible loan notes. The loan notes, which carry a coupon of 8%, are convertible into Mode's Ordinary Shares.

Mode CEO comments: "2021 was a big year for Mode. Our aim was to grow our user base and give them the products they want. Put simply, we achieved what we set out to do.

Mode is a rarity on the LSE - a crypto-driven fintech which has obtained regulatory oversight via EMI and FCA registration. Those accreditations demonstrate that we are leading the way in the UK's digital asset industry. The prudent and sustainable approach we have adopted from day one will also help the firm navigate current market volatility, thanks to our strong risk management framework. Clearly 2021 has been a year of innovation, development and growth and we will continue to build on this momentum in 2022."
what there not to like about mode...

15% up
nice

20% free float
mode as deep pockets ....

Some will be 80% plus down currently here., so a big rise needed for many holders

have to ave down x2
from 40p to 15p

i think figures will be aroung 5 mil
andup turn in the app

low freefloat with mode

9.9 to buy now
heading up

https://audioboom.com/posts/8026408-the-sunday-roast-with-jonathan-rowland-executive-chairman-of-mode-global-holdings-lse-mode
time will tell

top up

Rita Liu, Mode CEO comments: "2022 is a big year for Mode and these two new additions signal our intentions. Mike and David are two industry heavyweights that will help not only in terms of strategy but will also help us grow our networks and drive growth. I'd like to formally welcome both to Mode and look forward to what we can achieve together"

boom
market must see this as good thing

1.75/1.80

n t to buy

well said

hoiding at 3p
waiting for it to pop again