A positive trading trajectory for MLVN has continued to emerge strongly in this morning's results, with FY23A revenues standing at £12.2m (FY22A: £6.3m / +79%) and £0.2m PBT profit as against a £1.1m PBT loss the year before (excluding a £94k fair value movement / loan write back). MLVN provides education services including (1) a range of university-related courses for overseas students, (2) adult ELT and (3) summer schools for juniors. MLVN's contract with the University of East London (UEL) st ....

10 Apr 2024
Malvern International - Positive results confirm turnaround on track; cash-generative and a strong bid pipeline

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Malvern International - Positive results confirm turnaround on track; cash-generative and a strong bid pipeline
Malvern International plc (MLVN:LON) | 16.5 0 0.0% | Mkt Cap: 4.03m
- Published:
10 Apr 2024 -
Author:
Nick Spoliar | Charlie Cullen -
Pages:
5 -
A positive trading trajectory for MLVN has continued to emerge strongly in this morning's results, with FY23A revenues standing at £12.2m (FY22A: £6.3m / +79%) and £0.2m PBT profit as against a £1.1m PBT loss the year before (excluding a £94k fair value movement / loan write back). MLVN provides education services including (1) a range of university-related courses for overseas students, (2) adult ELT and (3) summer schools for juniors. MLVN's contract with the University of East London (UEL) st ....