Flexion Mobile Plc - Q4 and Year-End Report 31 March 2018
Flexion increases quarterly IAP Revenue by 130%Jan18 - Mar18 Q4 financial performance · IAP (In App Purchase) Revenue increased by 130% to GBP 689,286 (GBP 300,095 - comparable number for the equivalent period in the previous financial year) · Total Revenue increased by 55% to GBP 723,626 (GBP 468,497) · Gross Profit decreased by 12% to GBP 151,280 (GBP 172,339) · EBITDA fell by 75% to GBP -554,721 (GBP 317,412) · Loss per share increased by 202% to -1.27 pence (-0.42 pence) · Cash amounted to GBP 7.4m (GBP 2.2m) · New shares issued provided a total of GBP 5.3m net