Byotrol provided a positive trading update for the year ending 31 March, with (i) revenues in line with expectations at £6.0m, (ii) a positive adjusted EBITDA of c.£0.25m, which excluded a material but delayed licence contract that was closed in mid-April and (iii) cash at 31 March of £1.7m (ex-£0.3m that slipped into April). Despite the supply chain challenges that country lockdowns have had to fulfilling the order book, which stood at a record £2m at the year-e
27 Apr 2020
Byotrol - Positive FY trading update
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Byotrol - Positive FY trading update
Byotrol plc (BYOT:LON) | 0.1 0 25.0% | Mkt Cap: 0.57m
- Published:
27 Apr 2020 -
Author:
Mark Brewer | Cavendish Research -
Pages:
4
Byotrol provided a positive trading update for the year ending 31 March, with (i) revenues in line with expectations at £6.0m, (ii) a positive adjusted EBITDA of c.£0.25m, which excluded a material but delayed licence contract that was closed in mid-April and (iii) cash at 31 March of £1.7m (ex-£0.3m that slipped into April). Despite the supply chain challenges that country lockdowns have had to fulfilling the order book, which stood at a record £2m at the year-e