Nektan has delivered improved operational KPIs in the last 12-18 months as highlighted in today’s trading update. During FY2018 it raised £3.75m through loans and equity to capitalise on higher-margin sales in its B2B division, which now includes Asia. On our forecasts, Nektan requires £2.5m of funding to reach EBITDA profitability (ex-N. America) during FY2019. With the focus on addressing the US cash-drain in the coming months, we have introduced forecasts for the group co
03 Oct 2018
EBITDA in sight on B2B progress
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EBITDA in sight on B2B progress
Nektan has delivered improved operational KPIs in the last 12-18 months as highlighted in today’s trading update. During FY2018 it raised £3.75m through loans and equity to capitalise on higher-margin sales in its B2B division, which now includes Asia. On our forecasts, Nektan requires £2.5m of funding to reach EBITDA profitability (ex-N. America) during FY2019. With the focus on addressing the US cash-drain in the coming months, we have introduced forecasts for the group co