tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

R8 Capital Investments Reports Interim Results Amidst Operational Wind-Down

Story Highlights
R8 Capital Investments Reports Interim Results Amidst Operational Wind-Down

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Mode Global Holdings Plc ( (GB:MODE) ) just unveiled an announcement.

R8 Capital Investments Plc has been working with the FCA to wind down its operations, focusing on returning digital assets to customers. The company had been in discussions to acquire Redwood Financial Partners Limited but terminated these negotiations in early 2025. Financially, the company reported a decrease in revenue from £92k to £60k and a reduction in administrative expenses due to the voluntary liquidation of Mode Global Limited. Cash balances decreased to £369k from £547k, reflecting the company’s ongoing challenges in its winding-down process.

More about Mode Global Holdings Plc

R8 Capital Investments Plc operates in the financial services industry and is the holding company for a group of companies trading under the name ‘Mode Global’. The company, incorporated in England, owns subsidiaries including Mode Global Limited, JGOO Limited, Greyfoxx Limited, and Fibermode Limited, with a focus on digital financial services.

Average Trading Volume: 769,739

Technical Sentiment Signal: Sell

Current Market Cap: £1.49M

For an in-depth examination of MODE stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1