Q3 Report – 30 September 2023
Flexion reports positive momentum towards the end of Q3 and includes strong earnings estimates for October.July-September 2023 performance · Total revenue decreased by 20% to GBP 14.8m (18.5)* · Gross profit decreased by 16% to GBP 2.5m (3.0) · Adjusted EBITDA[‡] decreased by 55% to GBP 0.7m (1.5) · Operating result decreased to GBP -0.4m (-0.3m) · EPS amounted to GBP -1.24 pence (-1.25 pence) · Operating cash flow amounted to GBP -2.0m (2.0) · Cash and cash equivalents decreased to GBP 7.5m (10.5) January-September 2023 performance · Total revenue decreased