RCS - RiverFort Global Opp - Trading update - Smarttech 247

Riverfort Global OpportunitiesAnnouncement

07/02/2024 10:15

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RNS Number : 3369C  RiverFort Global Opportunities PLC  07 February 2024

7 February 2024

 

RiverFort Global Opportunities plc

 

("RGO" or the "Company")

 

 

Trading Update - Smarttech247 Group plc ("Smarttech247")

 

 

RGO is pleased to note the significant increase in Smarttech247's share price
this week.

 

As previously announced, Smarttech247 published its results for the year to 31
July 2023 on 29 January 2024, which highlighted revenue growth of 20% and
adjusted EBITDA growth of 36%, and with over €6 million in cash at the
period end.  It has also continued to win a number of new contracts and is
progressing the further the development of new products.

 

Philip Haydn Slater, Chairman, said:

 

"We are very pleased with Smarttech247's recent financial performance and to
see that it is well funded and positioned for future growth in an exciting and
important sector.  We wish the company continued success."

 

Enquiries:

 

 RGO plc

 Philip Haydn Slater, Chairman   Tel: +44 (0) 20 3368 8978

 Nicholas Lee, Director

 

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