KRM22 has announced interims to June 2020 in line with the July trading update. Performance of the period was reflective of the global impacts of COVID-19, with an unsurprising lull in new business activity and protracted sales cycles. Nonetheless, the group delivered resilient performance, achieving revenue growth of 31% to £2.3m (1H19: £1.8m) (19% organic) and a LBITDA improvement of 87% to £0.3m (1H19: £-2.4m). The new £3.0m convertible loan facility, financed
16 Sep 2020
KRM22 - Interims to June 2020
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KRM22 - Interims to June 2020
KRM22 Plc (KRM:LON) | 30.5 0 0.0% | Mkt Cap: 18.1m
- Published:
16 Sep 2020 -
Author:
Andrew Darley | Cavendish Research -
Pages:
10 -
KRM22 has announced interims to June 2020 in line with the July trading update. Performance of the period was reflective of the global impacts of COVID-19, with an unsurprising lull in new business activity and protracted sales cycles. Nonetheless, the group delivered resilient performance, achieving revenue growth of 31% to £2.3m (1H19: £1.8m) (19% organic) and a LBITDA improvement of 87% to £0.3m (1H19: £-2.4m). The new £3.0m convertible loan facility, financed