RE: Results17 Mar 2018 12:56
First second and half splits of turnover below
16 h1 19 3,228
16 h2 104 3,573
17 h1 95 3,694
17h2 345. 4,574
Highlights growth in turnover feeding into profit.
With gross profits margins at over 50% the impact on profits if turnover grows further will be significant.
Balance sheet looks pretty robust now as with tiny 2k debt and positive cash.
Could well become a dividend payer if current positive trends continue.
Now a rare AIM co with a range of exciting products that is growing turnover, profitable, cash generative and markets trends should support further growth.
The group also has tax losses of �16m available to shelter future taxable profits.
Glad I bought in again (lost money last time I bought into SYM so hope to recoup this time round.