MobilityOne Reports Delayed FY 2023 Results

Mobilityone (GB:MBO) has released an update.

MobilityOne, an e-commerce and payment solutions provider, has announced a delay in publishing its FY 2023 annual report, citing additional audit requirements related to its 49% interest in Sincere Acres Sdn Bhd. Despite the delay, preliminary unaudited results indicate an increase in revenue to £241.6 million, but an anticipated loss after tax of £1.4 million due to higher costs and expenses. The delay will result in the suspension of trading of the company’s shares on AIM starting 1 July 2024 until the audited accounts are published.

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