Member Info for Jarv55

https://www.lincolninternational.com/transactions/?pg=2&transactions-s=in%20the%20style&showall=true
This outfit won't be cheap but look at all the different options available.

They had a good November but a bad December

Sam Perkins, CEO at In The Style, commented:
“I am pleased to report that In The Style achieved a strong year of revenue and customer growth. This continues to be underpinned by the strength of our inclusive brand and our highly distinctive social- influencer collaboration model, which has the major advantage of creating real engagement with consumers in a cost-effective way. This creates a robust economic model, provides flexibility to respond rapidly to changing consumer trends and ultimately, positions the Group well for sustainable growth.

“Whilst there are macroeconomic challenges facing all retail businesses right now, we are managing our cost base tightly. Given our differentiated proposition and the investments we’ve made in our team, technology and infrastructure during recent periods, In The Style is very well positioned to continue its impressive growth and improve its profitability during FY23.”

Active customers is defined as the number of consumers who have made at least one purchase in the last twelve months through either the website or the app.
Order frequency has been defined as the total number of orders placed by consumers divided by the number of active customers.
Average order value is defined as gross sales including sales tax divided by the number of orders.

this is last year I think they have potenital and Next or Asos could do well with them
Another encouraging year of strong sales and customer growth
In The Style Group plc (AIM: ITS), the disruptive and inclusive digital womenswear fashion brand with an innovative influencer collaboration model, today provides an update on trading for the financial year ended 31 March 2022 (“FY22”).

In its first full year as a public company, In The Style continued to achieve strong year-on-year revenue growth. The Group expects, subject to audit, to report revenue of £57.3m, which equates to 28% growth year-on-year and 197% growth on FY20 (FY21: 44.7m; FY20: £19.3m), and is marginally ahead of the guidance issued by the Company in January 2022. Adjusted EBITDA margin will be in line with that guidance at 1%.

During the year, In The Style continued to leverage its highly distinctive social-influencer collaboration model, launching collaborations with 27 influencers. This influencer base included both established names such as Jac Jossa and Lorna Luxe along with a number of new influencers including Perrie Sian, Gemma Atkinson and Stacey Solomon, with whom In The Style launched its first ever sustainable collection.

The Group attracted, on average, 33k new customers a month through FY22 to grow its active customer base1. Consumer engagement with the In The Style proprietary app continues to be strong, with over 850,000 downloads in the year and this contributed to a 9% increase in overall order frequency2 and a 21% increase in average order value3 year-on-year. After an inconsistent H1, return rates have continued to normalise and were in line with management’s expectations through H2 FY22.

The Group continued to grow its reach through new considered wholesale partnerships including ASDA, and these have contributed to good growth in our wholesale channel.

Industry-wide challenges in the global supply chain are well documented and, as previously indicated by the Group, resulted in pressure on gross margin through FY22.

Whilst macroeconomic pressures are expected to persist over the coming months, the Group’s strong brand proposition and resulting pricing power has partially mitigated the impact of cost inflation on gross margin. Management was also encouraged that for a period in January and February 2022, prior to Russia’s invasion of Ukraine, freight costs somewhat normalised.

The Board is confident that the execution of Group’s strategic initiatives and the strong pipeline of new influencers will maintain the strong sales momentum achieved during FY22 and improve profitability during FY23.

https://investingstrategy.co.uk/stock-tips/its-shares-a-good-old-fashioned-short-term-trade/

Oh defo the best option would be for them to be taken out by a bigger company that have experts and inhouse facilities in place, warehouses, marketing and of course cash.

This company need to get their thinking head s on and cut margins they need a tough negotiator to come in and get better deals with the suppliers, they need to cut the dead wood (staff) and get the best talent aboard for scouting the influencers, marketing needs be better on twitter, tik tok, intagram etc. Revenues are good, growth is good and traffic is rising, expanding costs cash, margins are not good here. They are making 1% profit on a £50million turn over. I don't think Adam is ruthless enough he needs to employ a shark.

Earl of no shame you don't half chat some rubbish

Think Delt are more likely to partner with Boil 33rd licence round in the North sea.

Probably because they don't want TL doing a deal with the US

Its been around 2 months since they started the review you would think we would hear something soon

now that is funny got Kate Bush playing through my head now lol

Either mms are keeping this down for the 100k buyer who wants a certain price or someone is desperate for cash to be selling at 6.40

Orcadian Energy (AIM: ORCA), the low-emissions North Sea oil and gas development company, is pleased to provide an update of its applications in the 33rd Offshore Licensing Round ("the 33rd Round") which closed last week. The North Sea Transition Authority ("NSTA") announced on 17th January 2023, that the 33rd Round had garnered 115 bids across 258 blocks or part-blocks, with bids having been received from 76 different companies.

Forget Shell I think our partner in the 33rd licencing round is either Delt or these guys https://www.**********.co.uk/rns/announcement/7722df2c-10c2-428c-8245-5192205bd614/

Baron has a 32% interest in United Kingdom Offshore Licence P2478, in the Inner Moray Firth. Baron has the role of technical overseer of the remaining Phase A work commitments for this licence. The preliminary interpretation of the reprocessed 3D and 2D seismic data is largely complete with an increased confidence in the imaging of the reservoir targets within the previously recognised prospects on the licence. In addition, geochemical studies conclude that there is potential for developable oil quality within the licence area.



Baron previously announced that its internal estimates for the Dunrobin prospective complex contained approximately 100 MMbbl of gross Mean Prospective Resources*. The preliminary interpretation indicates that the western part of the complex (the "Dunrobin West" prospect) at the primary Jurassic target alone could contain 100 MMbbl of gross Mean Prospective Resources*. The Board believes that Dunrobin West is maturing to the stage where it is potentially a drillable prospect and so a potential target for an initial exploration well on the P2478 licence.



The Directors believe that success on an exploration well on Dunrobin West would de-risk follow up prospects Dunrobin Central, East and Golspie with the possibility of establishing the upside potential of a single Dunrobin accumulation. A secondary Triassic target is also being matured, involving an unproven (and therefore likely riskier) deeper reservoir, which the Directors consider provides significant additional resource potential and which may demonstrate higher oil quality preservation.

As announced on 15 November 2022, the technical work programme over the Dunrobin and Golspie complex of prospects is now largely complete, and Baron is working with the licence operator, Reabold North Sea, to complete the re-evaluation of Prospective Resources and potential commerciality of any future discovery.

Dunrobin can't be much longer but there are at the moment three parties to consider.

that will be the end of the day spread bets

They started the review on the 8th December no idea how long that takes