Flexion Mobile publishes its annual report for the financial year 2020/2021
LONDON, 30th of June, 2021 – Flexion Mobile Plc (Nasdaq: FLEXM), the Android games distribution company today published its annual report for the financial year ending 31 March 2021.Words from the Chairman: I am pleased to share Flexion’s annual report for the year to 31 March 2021. What a year we have had with revenue growing by 160% and gross margin growing by 180%. These are very impressive numbers, but I am even more proud that we have managed to do this with only a slight, 7%, increase in administrative expenses, resulting in net loss falling by 95% to GBP -0.1m (2020: GBP -2.8m).