XP Factory (XPF)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

 14.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 21.00
  • 52 Week Low: 13.98
  • Currency: UK Pounds
  • Shares Issued: 174.56m
  • Volume: 6,750,158
  • Market Cap: £25.31m

Escape Hunt trading 'encouraging' since reopening

By Iain Gilbert

Date: Monday 28 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Escape rooms operator Escape Hunt said on Monday that trading in the five weeks ended 20 June had been "encouraging" in both its established and new sites.
Revenues for the five-week period since reopening its UK owner-operated sites were up 47% year-on-year, while on a like-for-like basis, revenues from the company's eight established UK owner-operated sites open in the same period in 2019 made up 87% of the revenue in the same period in 2019.

Escape Hunt also said it was still benefitting from initiatives implemented during 2020 to improve site-level margins, as well as a temporary reduction to its VAT rate.

As a result, estimated earnings before interest, tax, depreciation and amortisation at site level for the five weeks to 20 June was 310% of the site level EBITDA in the same five weeks in 2019.

On a like-for-like basis, site-level EBITDA from the company's eight established sites was 189% of its 2019 equivalent.

Chief executive Richard Harpham said: "We are delighted to have seen a healthy return of demand from consumers in the short period since our UK sites have been able to re-open and are pleased that we are realising the benefits of the efficiency measures implemented, leading to a significant improvement in our UK site-level EBITDA.

"The performance of our new sites in particular, gives us confidence in our strategy to continue to expand our network and we have a well-developed pipeline of attractive opportunities within a favourable property landscape. Where our franchisees have been able to operate without undue restriction, demand appears to be returning. Whilst there are undoubtedly still Covid-related risks to trading in the near term, performance in the last few weeks gives us cause for cautious optimism."

As of 1030 BST, Escape Hunt shares were down 3.08% at 37.80p.

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XP Factory Market Data

Currency UK Pounds
Share Price 14.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 21.00
52 Week Low 13.98
Volume 6,750,158
Shares Issued 174.56m
Market Cap £25.31m

XP Factory Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.11% below the market average67.11% below the market average67.11% below the market average67.11% below the market average67.11% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
56.8% below the market average56.8% below the market average56.8% below the market average56.8% below the market average56.8% below the market average
60.71% below the sector average60.71% below the sector average60.71% below the sector average60.71% below the sector average60.71% below the sector average
Income Not Available
Growth
59.01% above the market average59.01% above the market average59.01% above the market average59.01% above the market average59.01% above the market average
65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average65.38% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

XP Factory Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:06 7,583 @ 14.06p
15:48 8,181 @ 14.05p
15:40 763 @ 14.00p
15:40 3,097 @ 14.00p
15:40 33 @ 15.00p

XP Factory Key Personnel

CEO Richard Harpham
CFO Graham Bird

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