RE: Bloodbath RNS - £14M only10 Jun 2024 18:01
Davand, you're judging, the performance of the company by the share price when you say no progress in 20 years. At the finals in 2019 the order book stood at £5.6m. At last year's finals it stood at £160m. That's a 28,500% increase in 5 years which were badly affected by Covid. The turnover last year was over £30m, most of the time in the last 15 years they've struggled to break £10m. The pipeline of realistic business they are working on has gone up from £220m in 2019 to £1.4b at last year's finals. that's over 600% rise in 5 years.
It has been "jam tomorrow" for many years, you are quite right, but in the last couple of years, things have changed, and the growth is real.