GSTechnologies Ltd.

Equities

GSR

VGG4164C1005

Financial Technology (Fintech)

Market Closed - London S.E. Other stock markets 11:35:20 2024-04-26 am EDT			5-day change	1st Jan Change
1.02 ^GBX	+3.03%		-15.00%	-24.44%

Apr. 23	GSTechnologies raises GBP1.3 million through share placing	AN
Apr. 23	GSTechnologies Raises GBP1 Million to Fund Potential Acquisitions	MT

GSTechnologies full-year revenue down; loss widens

July 31, 2023 at 08:52 am EDT

GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Reports revenue of USD2.3 million for the year ended March 31, down 45%from USD4.2 million in financial 2022. Says net operating income of USD443,000, multiplying from USD47,000 the year prior. Says pretax loss was USD1.6 million, widening from USD1.4 million the previous year. Chair Tone Kay Kim says "there is a very bright future for GST", adding that the firm is exploring further acquisition opportunities following its recently proposed purchase of PAYPT Finance Ltd.

Current stock price: 0.78 pence each, up 17% on Monday

12-month change: down 31%

By Harvey Dorset, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about GSTechnologies Ltd.

GSTechnologies raises GBP1.3 million through share placing	Apr. 23	AN
GSTechnologies Raises GBP1 Million to Fund Potential Acquisitions	Apr. 23	MT
GSTechnologies to Seek Acquisitions	Apr. 23	CI
EARNINGS AND TRADING: Zenova's Kitemark award; Carnival's eyes savings	Apr. 22	AN
GSTechnologies Ltd. Appoints Lord James Christopher Douglas Wellesley as Non-Executive Director	Jan. 04	CI
GSTechnologies interim loss narrows as eyes Semnet buy	Dec. 21	AN
Earnings Flash (GST.L) GSTECHNOLOGIES Posts Fiscal H1 Revenue $256,000	Dec. 21	MT
Earnings Flash (GST.L) GSTECHNOLOGIES Posts Fiscal H1 Loss $-0.00	Dec. 21	MT
GSTechnologies Ltd. Reports Earnings Results for the Half Year Ended September 30, 2023	Dec. 21	CI
GSTechnologies buys majority stake in Singapore-based Semnet	Dec. 06	AN
GSTechnologies to Buy Majority Stake in Singapore Cybersecurity Company	Dec. 06	MT
GSTechnologies Ltd. entered into an agreement to acquire 66.67% stake in Semnet Pte. Ltd. from Choo Seet Ee and Zheng Kang Wen Mervyn for $1.8 million.	Dec. 05	CI
GSTechnologies to buy 60% of payments business EasySend	Nov. 29	AN
GSTechnologies to Buy Majority Stake in Cross-border Payments Business EasySend; Stock Surges	Nov. 29	MT
GSTechnologies Plans Fundraising; Shares Tumble	Nov. 14	MT
Billington on track to beat 2023 expectations	Nov. 14	AN
GSTechnologies shares up as completes PAYPT Finance acquisition	23-08-15	AN
Correction: GSTechnologies Shares Surge on Completion of Paypt Finance Purchase	23-08-15	MT
GSTecnhnologies Shares Surge on Completion of Paypt Finance Purchase	23-08-15	MT
GSTechnologies Ltd. completed the acquisition of Paypt Finance Ltd.	23-08-14	CI
GSTechnologies full-year revenue down; loss widens	23-07-31	AN
GSTechnologies Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023	23-07-31	CI
RC365 inks agreement; GSTechnologies buys PAYPT	23-07-20	AN
The FTSE 100 Closes up 0.8% as Miners Outperfom	23-07-20	DJ
EasyJet Benefits From Demand Recovery But Faces Some Summer Turbulence	23-07-20	DJ

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Company Profile

GSTechnologies Limited is a financial technology company. The principal activity of the Company comprises fintech services through the use of blockchain technology, and the provision of data infrastructure, storage and technology services by its subsidiaries. Its subsidiaries include Golden Saint Technologies (Australia) Pty Ltd, GS Fintech Ltd, GS Fintech Pte Ltd, Angra Limited, and UAB Glindala. GS Fintech Ltd is focused on launching its GS Money platform, a blockchain-driven neobanking platform in collaboration with Wise MPay, the Singaporean blockchain payment solution provider. It is also focused on providing GSend and GSMoney.App. Angra Limited is the go-to solution for anyone looking for an exchange rate. The Company has operations in the United Kingdom (UK), Lithuania, Singapore, and Australia. It offers a range of financial activities, including foreign exchange dealing, crypto asset dealing, money transfer services, and authorizations for the issuance of debit cards.

Sector

Financial Technology (Fintech)

Calendar

2024-07-29 - Q4 2024 Earnings Release (Projected)

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Sector Financial Technology (Fintech) (NEC)

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Financial Technology (Fintech) (NEC)