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Half Year Results

Half Year Results.

articleLift Global Ventures PlcMarch 28, 20255/company/lift-global-ventures-plc/news/half-year-results-244
Half Year Results

About this update from Lift Global Ventures Plc

[{"type":"text","content":"\n\n \nLift Global Ventures Plc (\"Lift\" or the \"Company\")\n \nHalf Year Results\n \nIt is with pleasure that I take this opportunity to update shareholders of Lift Global Ventures Plc (the \"Company\" or \"Group\") on the Group's performance during the six-month period to 31 December 2024.\n \nUpdate on Investment Strategy\n \nMiriad Limited (\"Miriad\")\n \nThe Company's flagship investment, Miriad, a financial PR and IR consulting company run by well-known stock market commentator and the Company's CEO, Saqib \"Zak\" Mir continues to perform well, with healthy revenues and profits.\n \nIn the period, Miriad has generated turnover of £204,853 and a net profit after tax of £90,168.\n \nZaks Traders Cafe has built up a very loyal following both on X where it is one of the leading financial PR companies with over 25,700 followers but also via its website https://zakstraderscafe.com. Corporates certainly have a choice of different platforms in which to distribute key messages to the market and clients of Miriad favour the content and distribution from a market leader in Zak Mir.\n \nCompanies seeking the benefits of Zak's services on the basis that Zaks Traders Cafe has a genuine reach and trust as a market commentator amongst retail investors.  \n \nSuch services include:\n                          Daily RNS Hot List\n                          Daily Bulletin Heros\n                          Week in Small Caps\n                          Daily US Chart Breakers\n \n \nInvestment in Trans-Africa Energy Limited (\"TAE\")\n \nIn January 2023, the Company subscribed for £750,000 of unsecured convertible loan notes in TAE (\"Loan Notes\"), a UK private company focused on the development, financing, construction and operation of energy infrastructure projects located pri...

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