FY18 is expected to be a year of stabilisation and management has reiterated guidance of a break even position in the current year. Significant Board, leadership and strategic changes were made in H2’17, and in H1’18 the Company launched a number of new products and services. The benefits of these actions are starting to come through, with losses narrowing in H1’18 vs. H2’17 and revenue continuing to grow. We therefore retain our revenue and profit forecasts for FY18. We introduce a new FY19 for ....
20 Sep 2018
Losses narrowing and guidance reiterated
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Losses narrowing and guidance reiterated
FY18 is expected to be a year of stabilisation and management has reiterated guidance of a break even position in the current year. Significant Board, leadership and strategic changes were made in H2’17, and in H1’18 the Company launched a number of new products and services. The benefits of these actions are starting to come through, with losses narrowing in H1’18 vs. H2’17 and revenue continuing to grow. We therefore retain our revenue and profit forecasts for FY18. We introduce a new FY19 for ....