21st Dec 2021 11:14
4Global PLC - London-based data, services and software for sporting events and the promotion of physical activity - Swings to pretax profit of GBP91,041 in the half-year that ended September 30 from GBP21,028 loss a year before, as revenue increases 40% to GBP1.3 million from GBP926,357. Attributes this to the number of new clients gained in the six months. This includes a major contract win with Sport England that will generate GBP4 million over four years. Also gets a contract with the Peruvian government for around USD500,000, 20% of which will be delivered within this year. Says second half trading is in line with management expectations and it is optimistic about future prospects.
Current stock price: 82.01 pence, down 1.8% on Tuesday
Year-to-date change: down 9.9% from 91p listing price on December 7
By Abby Amoakuh; [email protected]
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