Catenae Innovation Plc (LSE:CTAI) has released its financial results for 2024, reporting a reduced net loss of £128,174—an improvement over the previous year—alongside a notable increase in revenue to £131,500. The company has also raised £1.6 million since the reporting period, which it is deploying into strategic initiatives, including an equity investment in artificial intelligence firm Alludium Ltd and the establishment of a treasury holding Bitcoin and Tao.
These developments mark a shift in Catenae’s strategic direction toward emerging technologies and alternative financial assets. The company also amended its repayment arrangement with Klarian Ltd, with repayments now supporting the BTC and Tao Treasury fund. While these investments carry market volatility risks, they are intended to diversify Catenae’s assets and enhance long-term shareholder value.
About Catenae Innovation Plc
Catenae Innovation is an AIM-listed digital technology company focused on delivering software and IT solutions for enterprise, public sector, and education clients. With a growing emphasis on artificial intelligence integration, the company aims to provide innovative platforms that solve real-world business challenges. Its experienced team supports clients through end-to-end digital transformation and infrastructure projects.
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