The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Not being defensive stating me views, , it a board for debate.
If you want my view on why he's issued these numbers now id say its because he's trying to paint a pretty picture of what he has achieved to influence hearts and minds so he gets voted back in - and these are the best numbers he has to do that.
Not missing any point, just commenting on your post with my views, ive been at this a long time and its very unusual.
Momajid - also they haven't released the results as such, this is not the official accounts, its just commentary on current trading, the official results for the period will come later.
I still have no idea why this is still suspended, every other stock ive been in suspended due to late accounts releases the accounts and are pretty much trading instantly. i don't buy the excuses.
'FY23 results need to be published in the next 9-10 weeks - will the AIM team allow RevB to come out of suspension and start trading of its shares before the results are released?'
of course, the accounts need to be late for suspension and they are not late, the shares were not suspended on the basis of these accounts it was the period prior.
Its very difficult to see a scenario however where they could force liquidation of a profit making and liquid company. Evan if the banks pulled the facility, which id say is unlikely, they would have to take every possible step to protect shareholders and all that would mean is a raise. And a small one at that as we are now in the black. Would be an utter disgrace if they tried to artificially send a good company under and the authorities would be all over it. Their brand would also suffer tremendously and it would also take them a year to get back to profit after losing 15m in stock. it just all seems pointless and a lot of scaremongering i recon.
If boo try and take this down then Matt will lose his share holding so doesn't benefit him in the slightest, he's a shareholder like the rest of us.
No its not that, its the fact that what you have just posted doesn't even make sense. You're describing a company as loss making when they have just said they are profit making an hour ago. Trying to save himself i agree with, but it if it saves shareholders in the process thats fine.
Youi - running the company into the ground by increasing profits? hmm funny,
Maybe they could retract the fact they are planning on suing him first and he may reconsider! Its not that easy to get into bed with someone who is taking you to court
Whether boo succeed or not there is zero business or ethical reason to try and force a profitable company to the dogs. It would be a disgraceful move and be one we would need to fight all the way.
Momajid - we are making money!
Lovely - Trading has been excellent during this period, with sales up 60% year on year. Gross margins were 48.2%, which compares with 41.7% in the corresponding period last year. EBITDA at constant currency was £3.5m (Q1 FY24: £7.4m loss) and cash on hand was £15.4m (Q1 FY2024: £10.1m). This performance demonstrates the quality of Revolution Beauty's products and consumer offer, and its ability to deliver growing sales into an expanding global retailer base.
Trading update
How much are you being paid per deramp post :)
Give boo a call, im sure they will take your stock off-market if you're not invested in the story
Not sure how we can predict G&A as we don't know what potential growth strategies might be in place in the next year which will increase it. (we haven't really been told much in the last 10 months) But if thats the case cash can easily be raised via debt or equity, which is fine if a growth strategy is communicated and its required. i do find it odd we are arguing against a fellow investor ..
Having said that, and with little relevance to here, boo will likely rise a good bit in the morning with forward looking profitability, as ASOS did earlier in the week. Sentiment and all that jazz ..
Momajid - i must say you talk a negative game here sometimes as an investor. Cash and current ebit is irrelevant - as you can see boo make negative ebit and are still worth 15x revb and yet we have much better growth potential (revenue is vanity if you don't make a profit) in our market which is growing whilst their's is shrinking - that what means this should be many multiples - the markets are forward looking and price on potential generally.
Peoplepower - you do know that whatever you post on here we can also see your posts on boo - i'm a shareholder there too (but you're obviously not one here) ... don't try and please everyone all the time you contradict yourself - your last post on boo board:
'It's obvious Bob Holt has nowhere to run.'