Woman cyclist riding Mountain Bike on highway

19 September 2024 - interim results

The AIM-listed designer and distributor of toys and leisure goods has announced its interim results covering the six months to 30 June.  Revenue for the period was the same as the previous year at £9.8m although tight control of costs and stock levels meant that gross profit increased - the loss before tax therefore reduced to £0.6m from £1.0m in the same period last year.  Given the challenging trading conditions these are pretty good results in our view.  Net debt at the end of the period was £3.9m compared with £3 . . .

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