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Supply@ME ( (GB:SYME) ) has provided an announcement.
Supply@ME Capital PLC announced a significant increase in the amount of inventory monetized through its platform, rising from £4.5 million to £7.4 million due to two new transactions. The company introduced a new key performance indicator to report the current monetized inventory amount, which stands at £5.9 million, reflecting transactions that have concluded their contracted periods. These developments are part of the company’s regular business operations and are conducted under normal market terms.
More about Supply@ME
Supply@ME Capital PLC operates in the fintech industry, offering a platform that enables manufacturing and trading companies to monetize their inventory. This service allows businesses to generate cash flow without incurring debt, by facilitating the purchase of inventory by third-party funders.
Technical Sentiment Signal: Sell
Current Market Cap: £2.87M
See more insights into SYME stock on TipRanks’ Stock Analysis page.