A leading sports nutrition company that develops, manufactures and markets sports nutrition products for professional athletes and sports enthusiasts.
16-Jan-2018 – 74p – £49.2m – PER n/a
Trading Update For The 12 Months To End December 2017 – In-line. Revenue up 28% to £15.6m (£12.2m last time), no mention of Profit/Loss.
Even if Revenue of £15.6m is achieved (up 28%) and things are in-line it means a Net Loss of -£3.88m versus a Net Loss of -£2.64m last time with EPS of -8.20p per share versus -6.21p last time. With an estimated £3.88m in Cash (strange coincidence?) according to Stockopedia – This is hardly inspiring at all. I am avoiding this one for now.
9-Jan-2019 – 53.5p – £65.3m – PER n/a
Trading Update For The 12 Months To End December 2018 – Underlying Revenue growth of +27% – FY to be in-line (another loss then).
Remains on my Avoid list until it starts making money.