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  2. Share Prices
  3. Riverfort Share Price
  4. Riverfort Share Regulatory News
  5. Trading update - Smarttech 247

Pin to quick picksRiverfort Regulatory News (RGO)

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Trading update - Smarttech 247

7 Feb 2024 10:03

RNS Number : 3369C
RiverFort Global Opportunities PLC
07 February 2024
 

7 February 2024

 

RiverFort Global Opportunities plc

 

("RGO" or the "Company")

 

 

Trading Update - Smarttech247 Group plc ("Smarttech247")

 

 

RGO is pleased to note the significant increase in Smarttech247's share price this week.

 

As previously announced, Smarttech247 published its results for the year to 31 July 2023 on 29 January 2024, which highlighted revenue growth of 20% and adjusted EBITDA growth of 36%, and with over ?6 million in cash at the period end. It has also continued to win a number of new contracts and is progressing the further the development of new products.

 

Philip Haydn Slater, Chairman, said:

 

"We are very pleased with Smarttech247's recent financial performance and to see that it is well funded and positioned for future growth in an exciting and important sector. We wish the company continued success."

 

Enquiries:

 

RGO plc

Philip Haydn Slater, Chairman

Nicholas Lee, Director

 

Tel: +44 (0) 20 3368 8978

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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