Thruvision has reported a very successful H1 of its FY20 year. Revenues were up 53% y/y to £4.8m based on a material increase in average selling prices, allowing the group to roughly halve its operating loss. Cash remains strong at £8.7m. We take the opportunity to introduce forecasts for the first time, at what we believe to be a cautious level, hopefully allowing scope for upgrades over time.

25 Nov 2019
High-end product driving strong performance

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High-end product driving strong performance
Thruvision Group PLC (THRU:LON) | 1.1 0 (-10.2%) | Mkt Cap: 1.91m
- Published:
25 Nov 2019 -
Author:
Gareth Evans -
Pages:
5 -
Thruvision has reported a very successful H1 of its FY20 year. Revenues were up 53% y/y to £4.8m based on a material increase in average selling prices, allowing the group to roughly halve its operating loss. Cash remains strong at £8.7m. We take the opportunity to introduce forecasts for the first time, at what we believe to be a cautious level, hopefully allowing scope for upgrades over time.