Earlier this month on company describing itself as “a leading UK experiential leisure business operating the Escape Hunt and Boom Battle Bar brands” XP Factory (XPF), with the shares at 12.75p I suggested if there was positive financial news it would have said so. Now what of a results announcement for the first half of 2022?

Describing itself as “a leading UK experiential leisure business operating the Escape Hunt and Boom Battle Bar brands”, XP Factory (XPF) states that it provides an update on progress and that it has acquired Boom Battle Bar Cardiff. So what of a current 12.75p share price, £19.2 million market cap?

Since I previously wrote on the company in August, this ‘escape-the-room experiences’ business has changed its name from Escape Hunt to XP Factory (XPF) following an acquisition of Boom Battle Bars (“combining competitive socialising activities with cocktails and street food”). The shares are down from 38.5p to currently 30.5p – though that represents a near 9% rise today on the back of a trading update. So what’s the story now?…