SOS has delivered another impressive performance in H1, with sales almost tripling driven by rapid sell through of stock across all categories. Trading with 3rd parties has also significantly accelerated, and the May funds raise is helping SOS to meet the strong/proven demand. Importantly, range diversification means returns rates are below pre-pandemic levels. Gross margin gains, operational improvements and a strong marketing ROI helped reduce EBITDA losses. Furthermore, supply chain disruptio ....
07 Oct 2021
Strong H1 and momentum despite sector headwinds
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Strong H1 and momentum despite sector headwinds
Sosandar Plc (SOS:LON) | 13.0 0.1 4.0% | Mkt Cap: 32.3m
- Published:
07 Oct 2021 -
Author:
Matthew McEachran | N+1 Singer Team -
Pages:
3
SOS has delivered another impressive performance in H1, with sales almost tripling driven by rapid sell through of stock across all categories. Trading with 3rd parties has also significantly accelerated, and the May funds raise is helping SOS to meet the strong/proven demand. Importantly, range diversification means returns rates are below pre-pandemic levels. Gross margin gains, operational improvements and a strong marketing ROI helped reduce EBITDA losses. Furthermore, supply chain disruptio ....