RE: TOXIC4 Jul 2023 07:48
Level...
A good set of results with this turd his right at the bottom....
Adjusted EBITDA was £85.1 million (2020: £89.8 million, 2019: £60.8 million), a decrease of 5% on the first half of the previous year. Compared to two years ago, however, adjusted EBITDA has increased by 40%. Gross margins are very similar to last year at 54.6%. Adjusted EBITDA margin reduced to 8.7% (2020: 11.0%, 2019: 10.8%). Profit before tax was £24.6 million (2020: £68.1 million, 2019: £45.2 million). Adjusted diluted earnings per share was 3.84p, down 15% on the prior half-year. Basic earnings per share was 1.44p, a decrease of 65% (2020: 4.08p, 2019: 2.88p).
As I've said many times - the profit will come back as quick as it went, and when it does the sp will be multiples in a very quick time frame...