Interim results to 30 September pointed to a substantial narrowing of EBITDA losses and provided comfort that the company is on track to deliver a positive full year EBITDA. The company is in early discussions with parties in the US to replace Byotrol24’s in-store Target trial with one in which it is not funding the up-front marketing costs. Additionally, it is working on a number of monetisation opportunities that should contribute to H2. We make no changes to forecasts and reiterate o
19 Dec 2019
Byotrol - Interims underpin FY 2020 outlook
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Byotrol - Interims underpin FY 2020 outlook
Byotrol plc (BYOT:LON) | 0.1 0 0.0% | Mkt Cap: 0.57m
- Published:
19 Dec 2019 -
Author:
Mark Brewer -
Pages:
11
Interim results to 30 September pointed to a substantial narrowing of EBITDA losses and provided comfort that the company is on track to deliver a positive full year EBITDA. The company is in early discussions with parties in the US to replace Byotrol24’s in-store Target trial with one in which it is not funding the up-front marketing costs. Additionally, it is working on a number of monetisation opportunities that should contribute to H2. We make no changes to forecasts and reiterate o