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Aeorema Communications Reports Stable Year-End Financials

Aeorema Communications Reports Stable Year-End Financials

Aeorema Communications (GB:AEO) has released an update.

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Aeorema Communications plc, a strategic communications group, has reported their year-end financials with revenue at £20 million and a pre-tax profit of £400,000, both meeting expectations. The company has a strong cash balance of £3.1 million, up from the previous year, and is undertaking a cost-reduction program. With a solid client base and about £2 million in contracted revenue carryover, Aeorema foresees improved profitability in the coming year.

For further insights into GB:AEO stock, check out TipRanks’ Stock Analysis page.

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