Likely to hit .18 today, GLA18 May 2023 09:20
Corner finally turned - 3 RNSs incoming17 May 2023 17:59
Statement
AZ - We have never lost sight of the need to create value and we will do everything we can to repay the trust placed in us in 2023 and beyond.
AG - The business is now aggressively pursuing clear opportunities for growth, with the support and backing of blue-chip global businesses.
In the coming months, I believe we can begin to shed our start-up tag.
AZ - Supply@ME offers a significantly more cost-effective option for businesses than traditional financing, without businesses incurring debt. For corporates, it is not overstating to say that it had appeared too good to be true.
Our pipeline of corporates is more robust than ever and with clear proof of concept in our initial target markets, we are now primed to realise our business' potential.
The completion of the inaugural inventory monetisation transaction was a watershed moment, providing irrefutable proof of concept and removing the barrier which had prevented many corporates from engaging. This prompted a significant increase in interest, with many corporates renewing engagement, particularly in the UK and Italy. The business is now on a clear growth trajectory.
Client companies originated in Italy of GBP equivalent £162.5 mil as at 21 April 2023 (43% of the current pipeline)
Client companies originated through the UK of GBP equivalent £212.1 mil as at 21 April 2023 (57% of the current pipeline)
WL- Global and local banks have expressed an interest in using the Platform to directly serve their clients.
TOKEN - Supply@ME is compiling, from its global pipeline, a portfolio of potential client companies with up to approximately US$50m of inventory to be monetised across such portfolio.