9th Jun 2022 15:35
Water Intelligence PLC - London-based leak detection services company - In 2021, reports a pretax profit of USD7.6 million, up 80% from USD4.2 million the previous year, while revenue climbs to USD54.5 million from USD37.9 million. Notes Covid-related disruptions during the year. Company adds that its profit figure included a one-off gain of USD1.9 million. Discounting this one-off gain, pretax profit grew 35%. Looking forward, the company says it is well placed to navigate inflationary challenges and reports a strong first quarter of 2022. Unchanged from the previous year, Water Intelligence does not declare a dividend.
Current stock price: 711.00 pence, up 0.1% in London
12-month change: down 22%
By Heather Rydings; [email protected]
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