Today's interims should reassure on the direction of profitability and the Group's control of the underlying cost base. Adj EBITDA is up 33% at £1.4m, Jaywing returned to pre-tax profit and the new business pipeline remains strong. Whilst the economic uncertainty has negatively impacted revenues, the Group has made progress with the integration of Midisi (four new Decision clients already added with several additional opportunities in the pipeline) and the actions on costs as well as a strong ne ....
01 Dec 2022
Cenkos: Jaywing Plc - Continued growth in profitability
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Cenkos: Jaywing Plc - Continued growth in profitability
Jaywing plc (JWNG:LON) | 3.2 0 0.0% | Mkt Cap: 2.94m
- Published:
01 Dec 2022 -
Author:
Andrew Gibb -
Pages:
8
Today's interims should reassure on the direction of profitability and the Group's control of the underlying cost base. Adj EBITDA is up 33% at £1.4m, Jaywing returned to pre-tax profit and the new business pipeline remains strong. Whilst the economic uncertainty has negatively impacted revenues, the Group has made progress with the integration of Midisi (four new Decision clients already added with several additional opportunities in the pipeline) and the actions on costs as well as a strong ne ....