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RiverFort Global Opportunities Advances Towards S-Ventures Acquisition with Audit Completion
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RiverFort Global Opportunities Advances Towards S-Ventures Acquisition with Audit Completion

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An update from RiverFort Global Opportunities Plc ( (GB:RGO) ) is now available.

RiverFort Global Opportunities Plc (RGO) has announced the completion of S-Ventures Plc’s audit for the period ending December 2023, marking a significant step towards RGO’s potential acquisition of S-Ventures’ trading assets and liabilities. The audit highlights include a turnover of £19.7 million, a gross profit of £9.4 million, and a restructuring at Pulsin, which positions it for growth with new funding. The results indicate a reduced EBITDA loss and ongoing product development success at Juvela, as well as growth at Market Rocket. This announcement may impact RGO’s market positioning and future operations, while trading in RGO shares remains suspended on AIM.

More about RiverFort Global Opportunities Plc

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.71M

For an in-depth examination of RGO stock, go to TipRanks’ Stock Analysis page.

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