10 November - trading update

The company has issued a trading update covering the three months to 31 October and this confirmed trading was a little above expectations, with revenues being the same as last year at £3.4m  The total for the first nine months of the year is marginally ahead at £9.8m vs £9.6m on a like-for-like basis which assumes that Checkit UK Limited, acquired in May 2019, had been owned for the whole period last year.  The second lockdown will not help the business going forward, but with cash at 31 October of £12 . . .

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