Share Prices & Company Research

Market News

26 Jul 2019 | 09:07

Dev Clever expects revenues to be heavily weighted toward H2

Dev Clever said it expected revenues to be heavily weighted toward the second half of the year after reporting wider losses as higher costs offset a slight uptick in revenue during the seven months through April. Pre-tax losses widened to £569,000 from a loss of £153,000 a year earlier as revenues rose 2.9% to £264,000.

Earnings (EBITDA) loss of £545,000, up from £146,000 a year earlier, included legal and professional costs in relation to the IPO of £183,000 and share-based payment expenses on the issue of advisor warrants of £62,000.

At 9:07am: (LON:DEV) share price was -0.38p at 3.33p

Story provided by
Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.