Red Capital PLC (GB:REDC) has released an update.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Red Capital PLC, despite actively pursuing acquisition and investment opportunities, has reported a loss of £215,031 for the year ended December 31, 2023, with a loss per share of 2.15p. The company’s cash reserves stood at £399,766, and it has opted not to declare any dividends foreseeably. Looking ahead, Red Capital intends to continue to execute its strategy to source and assess potential acquisitions and investments, particularly within the business services and technology sectors.
For further insights into GB:REDC stock, check out TipRanks’ Stock Analysis page.