Ebiquity Share Price (EBQ)

Before this update I had been considering whether to start building a holding here again, too much talk of H2 weighting now though for my liking.

I put a note in the calendar to check again in 6 months...

Group revenue is expected to have declined by 7% to £37.9 million (H1 2023: £40.6 million) primarily due to some large clients continuing to reduce budgets. profits for the full year will be below its previous expectations.

Shares will be issuee shares as part of the consideration for acquisitions still left to be paid for.

I AGREE-steady as she goes!

Positive movement accompanied by a decent supply of stock should give encouragement to potential larger buyers . On the way, but may take a couple more years to deliver results what they should be capable of and a somewhat higher share price that reflects the turn-around by then in their fortunes. Meantime , hopefully no more dilution for existing holders from giving away shares at the current level.

Results were reasonable IMO. Nice to see debt coming down.

However, more to do to attract the crowds ...