Mind Gym Plc (GB:MIND) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Mind Gym plc has reported a robust second half for FY24 with a 15% revenue increase to £24.0m and an underlying EBITDA of £3.8m, recovering from a £4.1m loss in the first half, owing to a strategic cost reduction plan that saved £11.0m annually. The company expects a modest full-year adjusted EBITDA loss but enters FY25 with improved liquidity and a stronger financial stance. Newly appointed CEO Christoffer Ellehuus is set to advance the company’s strategy amidst a cautious client spending environment.
For further insights into GB:MIND stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue