Location Sciences Group Plc (GB:SORT) has released an update.
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Sorted Group Holdings Plc, a premier provider of delivery experience technology, has announced the receipt of roughly £2.0 million in R&D tax credits from HMRC for the fiscal year ended September 2022. These funds have been utilized to offset the company’s PAYE and VAT liabilities for the year ending December 2023. This financial boost is set to strengthen Sorted’s position in providing seamless delivery experiences for prominent retailers like Asda, ASOS, and M&S.
For further insights into GB:SORT stock, check out TipRanks’ Stock Analysis page.
