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The Markets
by Proactive
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The Markets
by Proactive
Proactive UK has moved.
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Inspired Energy 2020 overview after strengthening balance sheet, disposal of SME and dividend

Inspired Energy 2020 overview after strengthening balance sheet, disposal of SME and dividend

Inspired Energy PLC's (LON:INSE) Mark Dickinson talks to Proactive London' Katie Pilbeam after telling investors trading is in line with expectations. Dickinson said the impact of Covid-19 can be seen in the Earnings (adjusted EBITDA) which were stated at £12.8mln (2019: £16.9mln) and the company made a £4.54mln pre-tax loss (2019: £3.08mln profit).

But overall the company is excited by the prospects of its recently launched ESG disclosure product which hit revenue targets ahead of expectations.

In results for the twelve months ended December 31, gross profit was £38.9mln (2019: £39mln) on £46.1mln of revenue from continuing operations (2019: £43.7mln).

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