Trading Update and New Funding
Following an assessment of preliminary results for the first two months of Q1 2023 and updated forecast numbers for Q1 and Q2, Ayima Group has determined it is necessary to make an announcement regarding current trading conditions. The first two months of the quarter have seen a significant reduction in profitability, due to extraordinary delays in routine contract renewals for long-term clients and some client terminations. Several clients affected have quoted unease about macroeconomic conditions such as inflation and downturns in the tech industry and have been reluctant to commit