RE: RNA9 Jul 2025 07:22
· Further significant progress for the Group as it focused on developing a borderless neobanking platform providing next-generation digital money solutions, both organically and through complementary acquisitions
· Revenue for the Period grew nearly nine fold to US$2.23 million (H1 24 US$0.26 million), as the Group continued to execute its strategy and all Group entities demonstrated significant growth and expansion of their operations
· Net loss for the Period reduced to US$69k (H1 24: US$737k loss) as the Company's operating businesses gain traction whist the Group continues to invests in developing its GS Money solutions
· Placing to raise gross proceeds of £1.25 million in April 2024 at 1.05 pence per share
· As of 30 September 2024, the Company had US$2.91 million in cash and cash equivalents (30 September 2023: US$2.19 million)
I could be wrong but it looks as if they've $2mil better off even after the purchase of Cake and Bake?