Market's view on 4global
Published on April 2024
- 4Global has entered into a strategic partnership with Jonas Fitness Inc, which could significantly impact the company’s trajectory.
- Helium Fund has increased its stake in the company to over 6% after 4Global changed its broker from Oberon to Canaccord.
- 4Global, a company that assists public and private sector organisations in making physical activity more accessible, is positioned to potentially see an increase in their share value as the business expands.
- The company has a history of involvement in major sporting events, like the Olympics and has worked on improving long-term community benefits from such events.
- 4Global has gathered over a billion pieces of anonymised data on physical activities which it utilises to provide insights to various bodies including local governments and sports organisations.
- Recently, 4Global secured significant contracts with entities like Sport England and the government of Los Angeles, focusing on maximising the social impacts of major sporting events.
- The company has a strong future contract pipeline worth over £100 million, set to significantly bolster financial performance in the coming years.
- Profits are expected to more than triple in the next financial year, with continued growth anticipated going forward.