7th Jul 2022 12:50
4Global PLC - London-based data, services and software for sporting events and the promotion of physical activity - Records revenue of GBP3.6 million in the year ended March 31, up 36% from GBP2.7 million the year before. Credits this to a substantial increase in project set up revenue within its subscription revenue stream. Swings to a pretax loss of GBP1.9 million from a profit of GBP372,000. Blames this on exceptional charges of GBP2.1 million related to its initial public offering, as well as share-based payments costs relating to share options granted at its IPO. Says it has many opportunities in the coming 12 to 24 months and is confident about its future prospects. Read More
