Triple-digit sales growth in Q4 was c33% ahead of our recently upgraded estimates. Sosandar’s agile, design-led, data-driven approach is clearly delivering strong customer KPIs. It was also profitable every month in H2 (incl. Jan/Feb) and generated cash. Confidence in the outlook is therefore undiminished, despite ongoing macro uncertainty, and plans have been announced to further accelerate growth in the new financial year and beyond, driving upgrades. Buy.
06 Apr 2022
Trading ahead of expectations & accelerating growth
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Trading ahead of expectations & accelerating growth
Sosandar Plc (SOS:LON) | 12.2 0 0.0% | Mkt Cap: 30.4m
- Published:
06 Apr 2022 -
Author:
Matthew McEachran -
Pages:
3
Triple-digit sales growth in Q4 was c33% ahead of our recently upgraded estimates. Sosandar’s agile, design-led, data-driven approach is clearly delivering strong customer KPIs. It was also profitable every month in H2 (incl. Jan/Feb) and generated cash. Confidence in the outlook is therefore undiminished, despite ongoing macro uncertainty, and plans have been announced to further accelerate growth in the new financial year and beyond, driving upgrades. Buy.