Reporting a modest adj. PBT loss of £158k, H1-21A results to 30 September are as guided in SCHO's October update, but with cash slightly better than expected at £348k (anticipated: c.£300k). P&L results are also better than the company originally expected, helped by a strong online performance by Shapero Rare Books and SCHO's philatelic business. Net cash at these levels represents a £67k / 24% jump on the full year, while YoY the business has reversed a small level of net debt into a healthy ....
27 Nov 2020
WHI First Light: Scholium Group (SCHO) - H1 results as flagged – online lift in books and philately, cash ahead, £8.7m of stock strongly underpins
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WHI First Light: Scholium Group (SCHO) - H1 results as flagged – online lift in books and philately, cash ahead, £8.7m of stock strongly underpins
Scholium Group Plc (SCHO:LON) | 39.0 0 0.0% | Mkt Cap: 5.30m
- Published:
27 Nov 2020 -
Author:
Nick Spoliar -
Pages:
4
Reporting a modest adj. PBT loss of £158k, H1-21A results to 30 September are as guided in SCHO's October update, but with cash slightly better than expected at £348k (anticipated: c.£300k). P&L results are also better than the company originally expected, helped by a strong online performance by Shapero Rare Books and SCHO's philatelic business. Net cash at these levels represents a £67k / 24% jump on the full year, while YoY the business has reversed a small level of net debt into a healthy ....