Flow has announced its H1 2016 results and provided an operational update on its business. The results show good revenue growth (£41.8m for H1 versus £40.4m for the whole of 2015, driven by gains in the Energy segment) and continued net cash (£9.2m). A loss was reported overall given the growth phase that the company is in. Operationally, Energy continues to grow strongly – customer accounts are now up to 255k (from 100k at the start of 2016), and the company is also r
05 Sep 2016
H1 2016 results
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H1 2016 results
Flow has announced its H1 2016 results and provided an operational update on its business. The results show good revenue growth (£41.8m for H1 versus £40.4m for the whole of 2015, driven by gains in the Energy segment) and continued net cash (£9.2m). A loss was reported overall given the growth phase that the company is in. Operationally, Energy continues to grow strongly – customer accounts are now up to 255k (from 100k at the start of 2016), and the company is also r