SEEEN's interims show the company grew strongly in H1. Revenues increased 39% to $5.2m, and included first contribution from the technology division, which continues to target new customers. Adj. loss before tax declined 18% to $0.9m. SEEEN ended the period with net cash of $3.9m. The key strategic focus going forward is on (i) commercialisation of its technology business and (ii) higher quality and higher margin MCN business. We maintain our net loss and net cash position, while trimming our 20 ....
29 Sep 2021
Interim results
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Interim results
SEEEN Plc (SEEN:LON) | 4.6 0 0.0% | Mkt Cap: 4.25m
- Published:
29 Sep 2021 -
Author:
Paul Richards | Brendan D'Souza -
Pages:
5
SEEEN's interims show the company grew strongly in H1. Revenues increased 39% to $5.2m, and included first contribution from the technology division, which continues to target new customers. Adj. loss before tax declined 18% to $0.9m. SEEEN ended the period with net cash of $3.9m. The key strategic focus going forward is on (i) commercialisation of its technology business and (ii) higher quality and higher margin MCN business. We maintain our net loss and net cash position, while trimming our 20 ....