Quantum Blockchain Technologies (QBT)

Sector:

Financials

Index:

FTSE AIM All-Share

1.10p
   
  • Change Today:
    -0.050p
  • 52 Week High: 3.00
  • 52 Week Low: 0.78
  • Currency: UK Pounds
  • Shares Issued: 1,291.31m
  • Volume: 6,441,876
  • Market Cap: £14.20m

Clear Leisure narrows losses following shift in focus

By Iain Gilbert

Date: Friday 20 Sep 2019

LONDON (ShareCast) - (Sharecast News) - Investment outfit Clear Leisure said on Friday that losses narrowed in the first half as it shifted its investment strategy away from the leisure sector towards the broader technology sector.
Clear Leisure cut total losses 70% in the six months ended 30 June to €477,000, while operating losses were narrowed 25% to €526,000.

The AIM-listed group, which switched its focus from the leisure sector towards the broader technology sectors, with special focus on interactive media, blockchain and artificial intelligence, saw its net asset value remain stable throughout the half at €1.5m.

Finance charges were down 28% as a result of reduction and rescheduling of debt.

Clear Leisure acknowledged that challenges still needed to be overcome before it achieves its goal of realising "meaningful value" for shareholders but said it was confident that by continuing with its "well-founded strategies", its goal would be achieved.

Chairman Francesco Gardin said: "We are now starting to witness some positive results with regards to monetising our historical assets, as well as seeing successes with our technology sector investments, which are proving their innovative potential.

"The board remains confident that by continuing with its well-founded strategies, its goal of returning meaningful value to shareholders will be achieved."

As of 0930 BST, Clear Leisure shares had fallen 2.22% to 0.22p.

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QBT Market Data

Currency UK Pounds
Share Price 1.10p
Change Today -0.050p
% Change -4.35 %
52 Week High 3.00
52 Week Low 0.78
Volume 6,441,876
Shares Issued 1,291.31m
Market Cap £14.20m

QBT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
80.77% above the market average80.77% above the market average80.77% above the market average80.77% above the market average80.77% above the market average
75.24% above the sector average75.24% above the sector average75.24% above the sector average75.24% above the sector average75.24% above the sector average
Price Trend
26.97% below the market average26.97% below the market average26.97% below the market average26.97% below the market average26.97% below the market average
25.86% below the sector average25.86% below the sector average25.86% below the sector average25.86% below the sector average25.86% below the sector average
Income Not Available
Growth
41.7% below the market average41.7% below the market average41.7% below the market average41.7% below the market average41.7% below the market average
32.71% below the sector average32.71% below the sector average32.71% below the sector average32.71% below the sector average32.71% below the sector average

QBT Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
08:59 1,000,000 @ 1.12p
08:55 414,531 @ 1.14p
08:53 36,789 @ 1.13p
08:53 199,203 @ 1.13p
08:50 460,891 @ 1.12p

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