Research help2 Apr 2021 17:23
Hi just doing some research and looking at the 5 year fundamentals. A little concerned that no matter whether revenues are 5 mill or 10 mill overall the company has made a loss. Even with the March Trading update below pre Covid £236k does not appear a significant return on a company valued at current Market Capital.
H1 2020 was very successful, delivering a 24% increase over H1 2019 revenues, continuing our four years of double-digit % revenue growth, and resulting in a pre-tax profit of circa £230k
What news / contract do people believe will be the gamechanger re revenue and end profit. We are still getting to grips with COVID so the airport contract will still be impacted. Hoping someone is able to enlighten me so as I can look at risk reward scenario. Otherwise I feel it may be more prudent to wait 6 months, This is not a deramp I am genuinely interested in people's opinion