FY 22 results and H1 23 trading update

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  • #4940
    Nick Hargrave
    Keymaster

    https://www.londonstockexchange.com/news-article/BIDS/annual-report-accounts-and-notice-of-agm/16005678

    These results are disappointing and highlight again why action at the board level is urgently required. While the company has done well to recover H1 revenues in line with last year despite the loss of the Azerion revenue, have maintained their expectations for the full year (meaning significant H2 23 growth) and the new CFO has reigned in costs, there is clearly a need for additional financing with a convertible (perhaps from Irdeto) and further equity raise which the market will likely take badly in the short term

    • This topic was modified 10 months, 2 weeks ago by Nick Hargrave.
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