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IN BRIEF: Cellular Goods interim loss widens; expects slower growth

30th May 2022 11:38

Cellular Goods PLC - London-based consumer products with lab-made cannabinoids - Pretax loss widens to GBP2.4 million in the six months to February 28 from GBP2.1 million in the same period a year before. Generates maiden revenue of GBP13,058, with the introduction of its first products to market. Expects sales volumes and turnover in the second half to ramp up at a slower rate than initially anticipated. Notes that it is still expects these to increase from the first half.

Current stock price: 1.70 pence, down 2.9% on Monday

12-month change: down 75%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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