RE: Exciting10 May 2023 09:52
Trendz, I'm like you, scratching my head over this one. I ignore revenue increase and focus on profits and eps; and eps really hasn't increased although the company is making money. This is put down to further investment in staff, I imagine this also explains increased level of debt. This is also has been put forward as reason for not increasing the meagre dividend (although this is covered x11!), it's argued better to maintain cash levels in the company.
Can't understand reason for fall, can only think it's a knee jerk reaction and price will stay around a £1... But if this continues for too long perhaps it will come under scrutiny from possible purchaser