Interim results to 31 December were in line with the 19 January trading statement, with revenues rising 31% to £4.2m, resulting in a pre-tax loss of £30k and period-end cash of £2.0m. A positive outlook statement, supported by strong post-period end growth data for Skinny Tan and Roots, should provide the comfort that investors are looking for and justify H2 seasonality, which is expected to account for 69% of FY revenues (vs. c.65% in the past two years); driven by product

15 Feb 2018
Interims results – confident outlook

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Interims results – confident outlook
- Published:
15 Feb 2018 -
Author:
Mark Brewer -
Pages:
12 -
Interim results to 31 December were in line with the 19 January trading statement, with revenues rising 31% to £4.2m, resulting in a pre-tax loss of £30k and period-end cash of £2.0m. A positive outlook statement, supported by strong post-period end growth data for Skinny Tan and Roots, should provide the comfort that investors are looking for and justify H2 seasonality, which is expected to account for 69% of FY revenues (vs. c.65% in the past two years); driven by product