[Nick Hargrave]

A good update this morning, highlighting the company is on track this year for revenues, new product launches and improving margins. A good cash position as well, but there is still the lingering question mark over the need to raise funds which may weigh on the share price until it is clearly resolved.

It is great to see the incoming chairman having an immediate impact on IR – the company has never put out an update so promptly and certainly not with such as much detail sprinkled in it. Hopefully more to come

https://www.londonstockexchange.com/news-article/BIDS/trading-update/15529460

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[Nick Hargrave]

H1 22 results now released on the back of the trading update. With a greater than expected R&D tax credit reducing (but not eliminating) funding concerns, an increasing gross margin, and mgmt’s continued belief in achieving market expectations, we are hopeful that the market may begin recognise the value of the business

https://www.londonstockexchange.com/news-article/BIDS/interim-results-six-months-ended-30-june-2022/15574455

[Sarah Shilling]

Excellent news for Bidstack owners! They are finally starting to tell their story – just hope they continue to consistently keep communicating. Well done for speaking to the Chairman Nick, it clearly had impact.

[Author]

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