MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


Supply@Me notes continued funding challenges as interim loss narrows

ALN

Supply@Me Capital PLC on Tuesday reported a narrowed interim loss, as it said it intends to apply for its share suspension to be lifted.

The London-based inventory monetisation platform reported a pretax loss of £841,000 for the six months that ended June 30, narrowing from £1.5 million a year prior.

Revenue more than doubled to £87,000 from £39,000, but the improved bottom line was primarily owed to the company’s ‘continued focus on cost saving efforts’.

The company tied the low revenue level to ‘continuing challenges’ facing the business in converting inventory funding opportunities into inventory monetisation transactions.

On Monday, the company published its delayed 2024 financial accounts.

It reported a pretax loss of £3.0 million, narrowed from £4.2 million. Revenue however fell 18% to £129,000 from £158,000.

As with its interims, Supply@Me attributed the narrowed losses to its focus on cost-saving efforts.

Shares in the company are currently suspended from trading owing to the delay in the publication of its 2024 annual accounts. The company said it intends to make an application for this suspension to be lifted now that its accounts have been published.

‘In addition to becoming the group’s new corporate funder, Nuburu has expressed an interest in, and has recently been actively working towards, participating in the funding of the Inventory Monetisation transactions from the group’s client company pipeline which has the potential to further improve the future revenue generation by the group,’ said Supply@Me.

Copyright 2025 Alliance News Ltd. All Rights Reserved.