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AIQ Limited Reports Revenue Growth Amid Strategic Shift

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AIQ Limited Reports Revenue Growth Amid Strategic Shift

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AIQ Limited ( (GB:AIQ) ) has issued an announcement.

AIQ Limited reported a revenue increase to £304k for the year ended 31 October 2024, primarily driven by a gaming application project. Despite facing challenges in the NFT and blockchain sectors, the company shifted its focus to IT services in alternative sectors, resulting in reduced administrative expenses and a lower loss before tax. The company continues to explore strategic options to deliver shareholder value while closely monitoring its cash position.

More about AIQ Limited

AIQ Limited operates in the IT consultancy industry, focusing on providing digital infrastructure and platforms. The company targets markets in Asia, Australasia, and the Middle East, leveraging relationships with established partners.

YTD Price Performance: 33.33%

Average Trading Volume: 17,974

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £2.59M

For a thorough assessment of AIQ stock, go to TipRanks’ Stock Analysis page.

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