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 interim loss narrows as eyes Semnet buy

December 21, 2023 at 10:34 am EST

GSTechnologies Ltd - Milton Keynes, England-based information technology solutions company - Loss narrows 36% to USD737,000 in the six months to September 30, from USD1.2 million a year ago. Posts no revenue in either half-year. Looking ahead, expects completion of cybersecurity business Semnet Pte Ltd by early February. Two weeks ago, GSTechnologies agreed to acquire around 67% of the Singapore-based firm, Semnet Pte Ltd for USD1.8 million.

Current stock price: 1.26 pence, down 2.9% on Thursday

12-month change: doubled from 0.60p on December 21, 2022

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	BIST 30	10,732 PTS	+2.39%	+1.94%	-
	GSTECHNOLOGIES LTD.	1.02 GBX	+3.03%	-15.00%	25.08M

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)

	1st Jan change	Capi.
GSTECHNOLOGIES LTD.	-24.44%	25.08M
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Financial Technology (Fintech) (NEC)