AQRU down but not out after tacking severe DeFi headwinds in 2022

Decentralised finance incubator AQRU PLC (AQSE:AQRU) switched to before-tax losses of £5.94mln in 2022 compared to profits on £300,000 in the previous year, equating to losses per share of 0.49p. The Aquis-listed group’s net assets amounted to £6.56mln as at 31 October 2022, with cash and cash equivalents of £4.84mln compared to £10.38mln in 2021.