Business
Interim Results
Interim Results.
About this update from Supernova Digital Assets Plc
[{"type":"text","content":"\n\nThis announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.\n \n28 July 2023\n \nAQRU PLC\n \n(\"AQRU\" or \"the Company\")\n \nInterim results\n \nAQRU PLC (AQSE: AQRU), an incubator specialising in opportunities in decentralised finance (\"DeFi\"), announces its unaudited financial results for the six months ended 30 April 2023 (\"H1 2023\").\n \nThe Directors of AQRU plc take responsibility for this announcement.\n \nFor further information, please contact:\n \n\n\n\n\nAQRU\n\n\n\n\n\n\n\nChief Executive\nPhilip Blows\n\n\nVia First Sentinel +44 203 989 2200\n\n\n\n\nTennyson Securities\n\n\n\n\n\n\n\nCorporate Broker\nPeter Krens\n\n\n \n+44 207 186 9030\n\n\n\n\nFirst Sentinel\n\n\n\n\n\n\n\nAQSE Corporate Adviser\nBrian Stockbridge\n\n\n+44 203 989 2200\n\n\n\n\n \n \nAbout AQRU plc:\nAQRU is an incubator specialising in opportunities in decentralised finance (DeFi), a disruptive technology using blockchain and cryptocurrencies to remove financial intermediaries from transactions, creating a cheaper, more efficient and more secure way of providing financial services. Listed on the Aquis Exchange in London, we apply our expertise to the business operations and strategic plans of FinTech companies in the UK, USA and Canada, and act as an accelerator for start-ups and early-stage companies. www.aqruplc.com\n \n \n\n \nFinancial Highlights\n \n- Turnover of £106k (H1 2022: £554k)\n- Loss Before Tax of £1.263m (H1 2022: £2.316m)\n- Net cash of £7.4m as at 30 April 2023 (30 April 2022: £30.2m) of which £5.8m (30 April 2022: £24.1m) related to deposits by customers on the AQRU.io online retail platform\nOperating highlights\n \n- Investment into Streak.ai IPO, a conversational gaming and social platform leveraging ChatGPT and other large language models to capitalise on the exploding market of AI adoption.\n- C...