logo-loader
viewCollagen Solutions PLC

Collagen Solutions sees clear path to profitability as commercial development progresses

Collagen Solutions PLC's (LON:COS) Jamal Rushdy and Hilary Spence talk Proactive London's Andrew Scott through the firm's results for the year ended 31 March 2019.

Revenues were up 22% in the year at £4.5mln, while its loss narrowed by just under £500,000 to £1.22mln.

The core business was profitable on an underlying earnings (EBITDA) basis in the final quarter.

Operationally, they landed 29 new customers as it grew its North American business by 72%.

Quick facts: Collagen Solutions PLC

Price: 2.7296 GBX

LSE:COS
Market: LSE
Market Cap: £12.11 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Collagen Solutions PLC named herein, including the promotion by the Company of Collagen Solutions PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Market Report: Yo-yoing FTSE 100 heads lower again, Whitbread sees subdued...

Headlines from the Proactive UK newsroom. The FTSE 100 retreated on mild profit taking after yesterday’s big gains and a pause for breath by Asian markets. The blue chip index shed 60 to 6,225. JD Sports Fashion PLC(LON:JD.) is to beef up its main warehouse, near Manchester, as it expects...

9 hours, 23 minutes ago

2 min read