Media
By Iain Gilbert
Date: Tuesday 26 Oct 2021
LONDON (ShareCast) - (Sharecast News) - Events and entertainment group Live Company warned on Friday that it had continued to be "severely impacted" by ongoing Covid-19 restrictions.
Revenue for the six months ended 30 June was £622,000, down 36% on the equivalent period in 2020, which included two full months of pre-Covid trading, and 30% down on the six months ended 31 December, reflecting increased uncertainty as coronavirus restrictions were re-imposed across the UK, EU and other markets in which it operates.
Underlying losses widened from £969,000 to £1.34m, while the group's loss after tax was cut from £5.37m to £2.1m as a result of a significant reduction in exceptional items from £3.98m to £172,000.
Chairman David Ciclitira said: "I am delighted that the green shoots of recovery are starting to come through, with 28 BRICKLIVE events confirmed for 2021, a year when we and our clients were unable to operate for the first six months; and with the confirmation of the Formula E Cape Town race by the FIA and Formula E for February 2022, we are well placed to benefit from that recovery."
As of 1155 BST, Live Company shares were untraded at 4.65p.
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Currency | UK Pounds |
Share Price | 0.48p |
Change Today | -0.025p |
% Change | -5.00 % |
52 Week High | 2.80 |
52 Week Low | 0.46 |
Volume | 1,409,112 |
Shares Issued | 308.62m |
Market Cap | £1.47m |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
Time | Volume / Share Price |
16:02 | 750,000 @ 0.46p |
09:48 | 350,000 @ 0.47p |
09:22 | 9,112 @ 0.51p |
08:11 | 150,000 @ 0.51p |
08:07 | 150,000 @ 0.51p |
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