Supply@ME Capital plc (LSE:SYME) (LSE:SYME) CEO Alessandro Zamboni and CFO Amy Benning join Proactive London together to clarify some investors' questions and concerns.
The firm recently reiterated its revenue guidance for the 2021 trading year of between £3.8mln-4.9mln. Revenue in the half-year to end June was £271,000 and generated from "Captive" inventory monetisation stream, primarily from due diligence fees charged by its Italian subsidiary.
These numbers though did not incorporate the acquisition of TradeFlow Capital Management, which was completed on 01 July 2021.
In the first half, there was a post-tax loss of £1.9mln (2020: £2.8mln) as a result of continued investment in technology, operations and hiring new senior team members.