Sondrel (Holdings) Ltd. (GB:SND) has released an update.
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Sondrel (Holdings) plc experienced a challenging fiscal year with a significant revenue drop to £9.4 million and an operating loss of £17.3 million. The company underwent a transformation plan, including board and management changes, and received a total investment of £8.5 million from Rox Equity Partners. Additionally, Sondrel plans to delist from AIM due to the costs and complexities not aligning with stakeholder benefits at this stage.
For further insights into GB:SND stock, check out TipRanks’ Stock Analysis page.
