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IN BRIEF: AIQ Interim Loss Widens On Costs From Alchemist Codes Buy

30th Jul 2020 19:28

AIQ Ltd - e-commerce-focused acquisition firm - For the six months to the end of April, reports widened pretax loss of GBP612,993 from GBP250,802 the year before, on transaction costs of GBP406,070, in spite of making GBP25,409 in revenue, driven by the acquisition of Malaysia-based IT solutions developer Alchemist Codes Sdn Bhd. Looking ahead, expects to achieve underlying growth for Alchemist Codes for full year.

Current stock price: 18.64 pence

Year-to-date change: down 32%

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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