Hand sanitizer and surface cleaner company Byotrol had a strong 2020 and are confident about 2021 Watch Now
Historic result days (and results) are available here and you can see the pattern for yourself. https://investor.evesleep.co.uk/reports-presentations
All true Wyndrum but now the bank balance seems to be going up rather than down, so revenue leading to a profit each month rather than loss (as you say, the effect of reducing overheads). As our old friend SamKK used to say, "the more they sell (sold), the more they lose" was true but now the opposite is definitely the case.
It's a shame wyndrum doesn't believe in any of this hokum pokum! It's looking as though the good times should continue into the autumn for Eve. (And I guess we get a bit of a warning on the very / fairly off-chance that they don't..)
I just inserted simbasleep.com into your link Ragnor and got this, https://uk.trustpilot.com/review/simbasleep.com/transparency which worked. Simba got more reviews (over 6000 compared to Eve's 2000) and while I'm not a statistician, to me it looks like simba reviews are declining in number month-on-month while eve's are catching up.
Whilst I'm not expecting an update, news can drop any moment. I remember that the Simba proposed reverse-takeover merger came on a Sunday! This was where I first read it, 'Sunday August 11 2019, 12.01am, ' and then the Eve shares were suspended on the Monday.
All it would take would be a TR1 or similar..
Ragnor, your figures from TP for September are very interesting. The more months that sales go well, the nearer we are to profits for a year.
Thanks Wyndrum. I knew of your interest in skin, and Avact of course; I was wondering whether you were waiting for skin to become a bargain or already had some. I have a very very small amount of cash available to may pick some up this week. As you say, it’s a good price. It’s a shame the avact and skin BBs are so bitter. We are fortunate to have helpful posters on Eve I feel.
Good interview with Zak in this 'Share_talk. Eg. Zak on Tils: "The markets are turbulent for example; Tizana Life Sciences (TILS) rallied from under 100p at the start of July to near 300p a few weeks later. It is now back near 120p with arguably better fundamentals than before the rally".
Hope you're right Bouncer. I'm going off this page in IR but I can't see any Oct/Nov/December news in previous years.
Incidentally, on that Evening Standard review I did not that you can buy Eve Originals at the places listed below – which is more than any of the other brands in the piece :-) so long as long as the piece is correct
Shop at Eve Mattress
Shop at Argos
Shop at Amazon
Shop at Dunelm
Shop at Wayfair
Shop at Very
Shop at Next
New review of mattresses (inc Eve original and Eve Hybrid) by Evening Standard
I know people are talking of an update in a month or two but looking at the routine releases we might have to wait till January. Anything exceptional would require an RNS but since they've already announced 'better than anticipated' sales it would have to be something EVEN better, (and hopefully we can exclude something somewhat worse).
I'd certainly top-up if there's a move towards 4p; I doubt I'd have the resolve to wait to 3.6p.
There could easily be 'news' that would surprise us – lots of possible scenarios – but I'm as sure as eggs-are-eggs that we'll test 7p again even if not till just before the January update. Seems as though we are always waiting but it's not that long since I was in the red but now blue feels the new normal.
"Steamhaus is celebrating its fifth birthday and a record year of growth, with a turnover of £2.02m, up 150% on 2019.
Set up by Daniel Faraday-Foster in 2015, the business has secured more than 50 new client wins in 2020 with the likes of Eve Sleep, Travelodge and Halfords amongst its customers."
On this site, which is out of date as it says Sturrock is CEO, Eve is said to have 61 employees.
Wikipedia entry for Eve agrees, 61 employees, and also appears to be out of date.
However, Yahoo finance appears up-to-date ('ish) and claims: Full-time employees: 73
I'm guessing they have more people as there's rather more to do.
Evening Wyndrum, You're absolutely right of course on the hybrid mattresses (and wouldn't disagree with anything else you've written) but what I like about the extras (hot water bottles etc) is that they shows a maturing in the brand (and presumably they are not selling these things at a loss) so a certain confidence that shows they are not hanging on by their fingertips any longer. That wasn't always the case.
I intend to sell my IAG shares as soon as the rights are paid for (HL say Thursday?) out of my account and I may use the cash here at Eve but I'm also interested in Snowflake in the USA. There isn't a board for them here on LSE so forgive me. They've just had their IPO and I have no idea if the price is high or low but what they do – cloud storage – seems to have quite a future. A dad at school works for them and that's why I noticed them. Anyone, pls do your own research – and don't blame me!
Wouldn't the trading update be around 7am and then the presentation at 4.30pm?
This announcement is from Sept 8th:
Xeros Technology Group plc (AIM: XSG), the developer and provider of water saving and filtration technologies with multiple commercial and domestic applications will announce its interim results for the six months ended 30 June 2020 on Wednesday 23rd September 2020.
The company is also pleased to announce that CEO Mark Nichols and CFO Paul Denney will provide a live presentation relating to these results, via the Investor Meet Company platform on Wednesday 23rd September at 4.30 p.m.
More PR / Eve promo in Woman and Home magazine
You're absolutely right goodapple. The range now bears no recognition to their offering when I first started to follow Eve, when they had one single mattress available in single or double size. If they make money on scent, hot water bottles sleep notebooks, as well as soft toys, there are few products that will be off-limits for them (maybe caffeinated coffee, but Eve-decaf, certainly.) Most stocks took a hit today (and I have a couple of them; IAG for one) but Eve shouldn't be too worried at the prospects under the covid shadow.
Wongtogo, Did you see this in yesterdays share tip? "the TV marketing campaign it is planning for this autumn to bring in new orders."
So looks like you'll get some of what you ask for. I haven't seen the campaign mentioned before but I don't read everything!
They've tried fast and loose with cash before and it didn't go so well. CC seems to have it about right, for my taste anyway.