23 September 2021 - interim results

AIM-listed 'sleep wellness' brand eve Sleep has released interim results covering the six months to 30 June 2021.  Revenue was up 13% to £13.9m (2020: £12.2m) but a statutory loss before tax of £2.3m was incurred versus a loss before tax of £1.3m last year.  A cash outflow from operations of £3.1m saw net cash slip to £5.2m at the period end.  However, this still represents broadly half the current market capitalisation.  Trading in the UK & Ireland in July and August was above expectations, driven by ongoing . . .

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