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An update from Kondor Ai Plc ( (GB:SBAR) ) is now available.
Sundae Bar PLC announced its interim results for the six-month period ending 31 March 2025, highlighting a pivotal transformation period marked by the acquisition of Ora Technology PLC and a rebranding to better reflect its strategic direction. The acquisition of Ora enhances the company’s technical expertise and accelerates its roadmap to developing a comprehensive AI marketplace platform. Despite reporting no revenue and a loss before tax of £824,808, the company remains focused on expanding its platform’s capabilities and commercial reach. The recent admission to AIM and a successful £2 million fundraising are expected to enhance visibility and access to capital, supporting Sundae Bar’s growth ambitions. Additionally, the company has adopted a Bitcoin Treasury Management Policy, reflecting a strategic financial decision to use digital assets as a store of value.
More about Kondor Ai Plc
Sundae Bar PLC, formerly known as Kondor AI PLC, operates in the technology industry, focusing on creating a marketplace for AI agents. The company aims to empower AI creators by providing a dynamic platform that allows for the creation, customization, and monetization of AI agents. Sundae Bar’s market focus is on both individual developers and enterprise users, offering tools that enable scalable commercial pathways.
Average Trading Volume: 1,059,572
Learn more about SBAR stock on TipRanks’ Stock Analysis page.