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Ora Technology PLC - London-based retail carbon trading firm - Posts its maiden results from December 1 last year to July 31 2023. Notes it debuted on London’s Aquis exchange in July. Says it recorded no revenue in the period, posts pretax loss of £724,882 for the period. Notes that loss is due to start-up costs and professional costs, as well as its IPO. Adds that it is excited about the carbon market dynamics coming from COP28, and expects the sector to benefit in the long term.
Says loss per share was 1.07 pence.
Current stock price: 10.88 pence each, placed at 3.88p each in July.
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