30 Oct 2019

Funding implications

Koovs (KOOV:LON) | 0 0 (-7.3%) | Mkt Cap: 19.9m

- Tony Shiret
- 3 pages

Koovs has given an update on trade for the third consecutive quarter since it has been able to deploy funding raised in 2018. A 69% increase in Visits to the Koovs website and 100% increase in Gross Order Value (GOV) speak to improved fundamentals. Trading margin rose to 12% (7% 2Q 2018/19). These metrics are in line with pre-existing forecasts and are in line with this stage of the long-term plan. The company continues to report progress in its relationship with Future Lifestyle Fashions Ltd ....

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Funding implications

Koovs (KOOV:LON) | 0 0 (-7.3%) | Mkt Cap: 19.9m

Published: 30 Oct 2019
Author: Tony Shiret
Pages: 3

Koovs has given an update on trade for the third consecutive quarter since it has been able to deploy funding raised in 2018. A 69% increase in Visits to the Koovs website and 100% increase in Gross Order Value (GOV) speak to improved fundamentals. Trading margin rose to 12% (7% 2Q 2018/19). These metrics are in line with pre-existing forecasts and are in line with this stage of the long-term plan. The company continues to report progress in its relationship with Future Lifestyle Fashions Ltd ....

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