RE: Today’s RNS29 Jun 2022 18:37
Escape Hunt owner operated sites have continued to perform well. The UK owner operated estate traded ahead of the Board's expectations in Q1 2022 and has performed in line with expectations to date in Q2 2022.
· A new owner operated Escape Hunt site opened in Exeter in April 2022, co-located with Boom
· Three further owner operated Escape Hunt sites are in build in Edinburgh (co-located with Boom), Norwich and Bournemouth
· Further Escape Hunt sites are currently under consideration, providing a pipeline for continued growth
· Total cash at the end of May 2022 was £6.8m
Great to see escape perform well over the first half especially in first quarter. A co located site in Exeter must be great way to generate more revenue. And total cash at 6.8mil looks nice and healthy.
Only negative I can read on their is the Oxford street delay by 4-5 months. So I’m guessing opening around oct - nov? Just before Xmas so could be a great time for opening… Xmas parties and company Xmas bookings etc.