TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Pires Investments ( (GB:MFAI) ).
Mindflair plc announced its audited results for the year ending December 31, 2024, highlighting a significant increase in net asset value to £10,793,000, driven by the growth in value of its investments, particularly in Infinite Reality. The company also reported a profit before tax of £3,159,000, a notable turnaround from the previous year’s loss. Key activities included the disposal of interests in Getvisibility, generating proceeds of £2.6 million, and several new investments in AI-focused companies. The announcement underscores Mindflair’s strategic focus on AI technology investments and its strengthening financial position, which may enhance its market standing and appeal to stakeholders.
More about Pires Investments
Mindflair plc is an investment company that focuses on next-generation technology, particularly the application of artificial intelligence to transform large traditional industries. The company invests in its portfolio companies both directly and indirectly through its investments in three funds managed by Sure Valley Ventures and its investment in Sure Ventures plc.
Average Trading Volume: 9,002,006
Technical Sentiment Signal: Buy
Current Market Cap: £4.87M
For an in-depth examination of MFAI stock, go to TipRanks’ Overview page.