3 Companies Rising on Good News for Wednesday 10th May 2023
Episode 1409, May 10, 2023, 09:55 AM
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3 Companies Rising on Good News for Wednesday 10th May 2023
1. Cellular Goods #CBX - Products to launch on Sephora.co.uk
Cellular Goods a UK-based skincare and wellness company, is pleased to announce that it has entered into a contract with multinational beauty and cosmetics retailer Sephora to make the Company's 'Look Better' range available for purchase on Sephora's e-commerce website, Sephora.co.uk from the second half of May.
2. Guild Esports #GILD - Interim results
- Revenues increased by 241% to £3.7m (H1 2022: £1.1m), driven by strong growth in sponsorship income;
- Gross profit rose by 256% to £2.5m (H1 2022: £0.7m);
- Loss before tax declined to £2.3m (H1 2022: £4.96m) reflecting increased sponsorship revenue and a significant reduction in operating expenses;
- Net cash of £1.1m as at 31 March 2023.
3. Comptoir Group #COM - FY 2022 Results
- Group revenue increased 49.7% to £31.0m (2021 restated: £20.7m).
- Gross profit up 44.3% to £24.4m (2021 restated: £16.9m).
- Adjusted EBITDA* before highlighted items of £6.3m (2021: £6.4m).
- Cash and cash equivalents balance at the period end of £9.9m and a net cash position of £7.7m (2021: £7.1m).
3 Companies Rising on Good News for Wednesday 10th May 2023
1. Cellular Goods #CBX - Products to launch on Sephora.co.uk
Cellular Goods a UK-based skincare and wellness company, is pleased to announce that it has entered into a contract with multinational beauty and cosmetics retailer Sephora to make the Company's 'Look Better' range available for purchase on Sephora's e-commerce website, Sephora.co.uk from the second half of May.
2. Guild Esports #GILD - Interim results
- Revenues increased by 241% to £3.7m (H1 2022: £1.1m), driven by strong growth in sponsorship income;
- Gross profit rose by 256% to £2.5m (H1 2022: £0.7m);
- Loss before tax declined to £2.3m (H1 2022: £4.96m) reflecting increased sponsorship revenue and a significant reduction in operating expenses;
- Net cash of £1.1m as at 31 March 2023.
3. Comptoir Group #COM - FY 2022 Results
- Group revenue increased 49.7% to £31.0m (2021 restated: £20.7m).
- Gross profit up 44.3% to £24.4m (2021 restated: £16.9m).
- Adjusted EBITDA* before highlighted items of £6.3m (2021: £6.4m).
- Cash and cash equivalents balance at the period end of £9.9m and a net cash position of £7.7m (2021: £7.1m).