Plant Impact (PIM)

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Plant Impact PIM Logo

A leader in research and development in crop enhancement products that growers can rely on to improve the yield and quality of their crops.

9-Oct-2017

Preliminary Results For The Year To End July 2017 – Revenue up 17% to £8.5m vs £7.2m last time, Gross profit up 19% to £6.7m vs £5.6m last time. Cash up to £7.2m vs £5.6m last time. Revenue seems in-line with forecast (according to Stockopedia) – CAGR is 34.7%! But, the Net Loss is up -£3.1m vs -£0.7m last time. Expecting 2018 Revenue to be in-line but margins to be lower (does this mean bigger losses? If so, it will need that Cash!).

Not sure I can see any case for investment here.

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