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Sorted Group Navigates Tough Year and Plans Growth

Sorted Group Navigates Tough Year and Plans Growth

Location Sciences Group Plc (GB:SORT) has released an update.

Sorted Group Holdings Plc experienced a challenging financial year in 2023, with revenues dropping by 52.1% and a significant loss per share increase. Despite this, the company successfully navigated a reverse takeover and fundraising activities, laying a solid foundation for potential growth in the e-commerce sector as it enters the 2024 fiscal year. Key executive changes were also made, with a focus on strategic expansion and the delivery of long-term shareholder value.

For further insights into GB:SORT stock, check out TipRanks’ Stock Analysis page.

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