28th Jun 2021 16:00
Supply@Me Capital PLC - fintech company - Revenue for 2020 jumps to GBP1.1 million from just GBP4,000 registered for 2019, but pretax loss widens to GBP2.8 million from GBP687,000. Takes GBP1.4 million in exceptional costs relating to reverse takeover versus nil the year before. Administrative expenses rise to GBP1.9 million from GBP98,000.
"2020 was a difficult year globally for business given the Covid-19 pandemic. However, it is the company's view that demand for SYME's inventory monetisation service has and will continue to grow. This view is supported by the initial phases of client company origination, which have been positive," firm says.
Current stock price: 0.36 pence, down 2.1% on Monday
Year-to-date change: down 37%
By Lucy Heming;Â [email protected]
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