Q4 Report – 31 March 2021
Flexion Mobile reports another strong quarter and hits a new monthly revenue record in April. Positive adjusted EBITDA[‡] was reached for the full year – a new milestone for the Company. Quarterly revenue increases by 136% while gross profit is up 114%.January 2021 to March 2021 performance · Total revenue increased by 136% to GBP 6.6m (GBP 2.8m)* · Gross profit increased by 114% to GBP 0.8m (GBP 0.4m) · Adjusted EBITDA[‡] improved by 26% to GBP -0.15m (GBP -0.21m) · Operating loss improved by 89% to GBP -0.15m (GBP -1.4m) · Earnings per share amounted to GBP -0.48 pence (