29th Mar 2022 12:33
Science in Sport PLC - London-based sports nutrition firm - Pretax loss widens to GBP5.3 million in 2021 from GBP2.3 million in 2020. The main reasons are share-based payment expenses of GBP2.9 million from a 2021 bonus award. In 2020, share-based payment expenses amounted to just GBP226,000. Another cost factor for 2021 was the strategic investment in technology and data science, the company explains. Data science includes the cloud software accounting policy change, which cost GBP728,000, Science in Sport says. The transition to the new Blackburn supply chain facility, which will start operations in April, cost GBP125,000. Read More
