Mind Gym (MIND)

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Support

Index:

FTSE AIM All-Share

 120.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 192.50p
  • 52 Week Low: 120.00p
  • Currency: UK Pounds
  • Shares Issued: 100.11m
  • Volume: 50
  • Market Cap: 120.13m
  • RiskGrade: 147

Mind Gym turns modest pre-tax profit as revenues surge in H1

By Iain Gilbert

Date: Friday 03 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Behavioral sciences firm MindGym said on Friday that it had broken even on a statutory basis and turned a modest pre-tax profit in the first half of the trading year on the back of improved revenues throughout the period.
Mind Gym posted a statutory loss of 0 for the six months ended 30 September, down from 2.0m during the same period a year earlier and the 400,000 loss reported at the time of its full-year results in June.

Adjusted pre-tax profits were in line with expectations at 17,000, while the group's adjusted underlying earnings were still down 152% from pre-Covid levels at 700,000.

Revenues surged 67% year-on-year, or 1% against 2019's pre-pandemic figures, to 24.1m, mostly due to a 175% increase in the firm's digitally-enabled revenues as its pivot to new digital products and live virtual deliveries made up 81% of total revenues for the period.

Existing on-demand digital product revenue grew 44% to 2.7m, while repeat revenues grew to make up 92% of all revenue, in line with pre-Covid numbers.

Elsewhere, Mind Gym revealed that former Just Eat and Moneysupermarket.com finance head Dominic Neary had been appointed to the role of chief financial officer, replacing Richard Steele.

As of 1050 GMT, Mind Gym shares were down 1.77% at 169.45p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Mind Gym Market Data

Currency UK Pounds
Share Price 120.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 192.50p
52 Week Low 120.00p
Volume 50
Shares Issued 100.11m
Market Cap 120.13m
RiskGrade 147

Mind Gym Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.87% below the market average52.87% below the market average52.87% below the market average52.87% below the market average52.87% below the market average
47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average
Price Trend
29.76% below the market average29.76% below the market average29.76% below the market average29.76% below the market average29.76% below the market average
21.05% below the sector average21.05% below the sector average21.05% below the sector average21.05% below the sector average21.05% below the sector average
Income Not Available
Growth
77.4% below the market average77.4% below the market average77.4% below the market average77.4% below the market average77.4% below the market average
71.96% below the sector average71.96% below the sector average71.96% below the sector average71.96% below the sector average71.96% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
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Mind Gym Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Dec-19 01-Aug-19
Paid 15-Jan-20 30-Aug-19
Amount 0.90p 1.60p

Trades for 20-May-2022

Time Volume / Share Price
11:47 50 @ 120.00p

Mind Gym Key Personnel

CEO Octavius Black
Chair Ruby M Smith
CFO Dominic Neary

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