22nd Jan 2021 10:28
Kooth PLC - London-based digital mental health provider - Expects underlying revenue for 2020 to be ahead of market expectations, in the range of between GBP12.5 million to GBP13.0 million, up 40% from 2019.
Kooth started trading on London's AIM in September.
"2020 was a very important and successful year for Kooth, before and after our IPO. Our progress reflects our leading position supporting children and young people via the NHS, and early success with our expansion to support the NHS and Corporate adult market,"
Net cash at the end of the year was GBP7.8 million.
Current stock price: 271.00 pence
Year-to-date change: up 8.4%
By Ife Taiwo; [email protected]
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