Q2 Report – 30 June 2024
Flexion continues to grow. Revenue is up 14% and Gross Profit jumps 51% in the second quarter.April-June 2024 performance · Total revenue increased by 14% to GBP 17.7m (15.5)* · Total gross profit increased by 51% to GBP 3.6m (2.4) · Adjusted EBITDA[‡] increased by 1236% to GBP 1.1m (0.1) · Operating loss increased to GBP 0.8m (profit 0.03m) · EPS amounted to GBP -2.22 pence (-1.17 pence) · Operating cash flow amounted to GBP 0.6m (0.9) · Cash and cash equivalents increased to GBP 13.9m (12.7) January-June 2024 performance · Total revenue increased by 13% to