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An announcement from Lanebury Growth Capital Ltd. ( (TSE:LLL) ) is now available.
Lanebury Growth Capital Ltd. has extended the maturity date of its existing loan agreement with Code Consulting Limited to December 31, 2025, maintaining all other terms of the original agreement. This extension is seen as a strategic move to provide financial flexibility and support ongoing corporate initiatives, despite being a related party transaction due to the involvement of CEO Lance Tracey, who is also the owner of Code Consulting.
Spark’s Take on TSE:LLL Stock
According to Spark, TipRanks’ AI Analyst, TSE:LLL is a Underperform.
Lanebury Growth Capital Ltd. is facing severe financial difficulties with consistent negative income, high leverage, and poor liquidity, as evidenced by its financial performance score of 22. The technical analysis indicates a bearish trend with a score of 40, while the valuation score of 37 reflects concerns about financial distress and lack of dividend yield. These factors collectively suggest significant risks for investors.
To see Spark’s full report on TSE:LLL stock, click here.
More about Lanebury Growth Capital Ltd.
Lanebury Growth Capital Ltd. is an investment company that focuses on building a portfolio of high-quality investments in technology start-ups. The company primarily targets investments with a monthly revenue model that can be easily scaled using internet and mobile technologies.
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$722.5K
For a thorough assessment of LLL stock, go to TipRanks’ Stock Analysis page.