Gledhow Investments plc Reports 2024 Financial Results and AGM Notice

Gledhow Investments plc has published its annual financial results for the year ending 30 September 2024. Despite facing challenging market conditions, the company remains focused on its long-term investment strategy, targeting capital growth through investments in undervalued or rapidly growing companies.

The company's market trading activity was limited, resulting in a decrease in fundraising. As of the end of September 2024, Gledhow held cash reserves of £150,426, down from £174,052 in 2023. The company reported a pre-tax loss of £422,980, compared to a £285,740 loss the previous year, reflecting a tough year in public markets with a portfolio value decline of £419,412.

No dividends will be distributed for 2024. The Annual General Meeting is scheduled for 4 April 2025 at Peterhouse Capital Ltd. As of now, unaudited cash reserves are approximately £220,000 due to profits from Mobile Streams PLC shares.