14th Jan 2021 20:24
Toople PLC - telecom services - Reports revenue of GBP3.4 million for financial year ended September 30, up from GBP2.5 million the year before. However, pretax loss widens to GBP2.5 million from GBP1.7 million as it takes GBP1.2 million in exceptional items, sharply higher than GBP433,364 the year before.
Says entered new financial year in "a more robust operational and financial position".
"The group and its various brands continue to perform well. Trading in the first part of this financial year has started to return to more normal conditions in the B2B market as more businesses emerged from the initial lockdown and reviewed critical expenditure such as for IT and telecoms. Trading within the DMSL business demonstrated growth on orders on a like for like basis against 2019 and we have also seen growth in order volumes compared with last year," says Toople.
Current stock price: 0.0994 pence; down 15% on Thursday
Year-to-date cange: up 7.5%
By Lucy Heming;Â [email protected]
Copyright 2021 Alliance News Limited. All Rights Reserved.
Related Shares:
Toople Plc