In a positive trading update, Elixirr has announced that trading continues to be strong, with September 2020 being another record revenue month, following previous records achieved in both June and July 2020. This outperformance has dropped through to profits with EBITDA (on an IAS 17 basis) now expected to be in excess of £8.75m. This is ahead of our previous forecast of £7.8m and we have upgraded by 12% to this level. As at September 2020 Elixirr had net cash of £16.8m (ahead of our previous D ....
19 Oct 2020
Elixirr - Profit and cash ahead of expectations
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Elixirr - Profit and cash ahead of expectations
Elixirr International Plc (ELIX:LON) | 570 0 0.0% | Mkt Cap: 269.5m
- Published:
19 Oct 2020 -
Author:
Guy Hewett -
Pages:
3
In a positive trading update, Elixirr has announced that trading continues to be strong, with September 2020 being another record revenue month, following previous records achieved in both June and July 2020. This outperformance has dropped through to profits with EBITDA (on an IAS 17 basis) now expected to be in excess of £8.75m. This is ahead of our previous forecast of £7.8m and we have upgraded by 12% to this level. As at September 2020 Elixirr had net cash of £16.8m (ahead of our previous D ....