Source - Alliance News

MobilityOne Ltd - Malaysia-based e-commerce infrastructure payments and platform provider - Reports an 11% decline in pretax profit in 2021. Figure falls to £2.0 million from £2.3 million the previous year. Says this was due to higher administration expenses in the year. Revenue climbs 3.7% to £255.7 million from £246.7 million. Cites the continued growth of its e-payment business in Malaysia and higher sales in its mobile phone prepaid airtime reload and bill payment business.

Current stock price: 6.50 pence

12-month change: down 73%

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