RE: Get Your Finger Out16 Apr 2026 09:39
FROM LAST TRADING UPDATE
· Revenue decreased to £3.9m (H1 2025: £4.1m)
· Loss before tax £0.4m (H1 2025: £0.2m)
· Cash balance £3.6m (H1 2025: £4.5m)
Company now expects full year sales to be lower than the previous year, as sales cycles for new customers prove to be longer than anticipated
Our revenues in H1 have not been helped by some regions, mainland Europe in particular, ordering less than in previous years.
We have therefore implemented a restructure of the sales teams to ensure more focus is given to understand the markets more deeply and deliver on customer needs and demands. This will take a little time to embed so we do not expect the second half to show any significant improvements.
SO EXISTING CUSTOMERS WANT LESS SNAKE OIL PRODUCT
AND SALES TEam ARE RUBBISh
Something both atan and myself have warned about continuously