Ten Lifestyle – update “as expected on a group-wide basis”… Or not?...

‘Travel and lifestyle service’ group Ten Lifestyle (TENG) has updated commencing “adjusted EBITDA is expected to be breakeven, in line with the board's expectations and a significant improvement on adjusted EBITDA loss of £2.5m in H1 FY19, with continuing improvements in operating cost efficiencies”… the shares, having already fallen from approaching 130p last month, have currently responded towards 78p – a further approaching 6% lower…

Ten Lifestyle (#TENG) – “lower growth rate than expected as a result of slower pipeline conversion and launch activation”

Ten Lifestyle (#TENG) – argues “pleased” with contract progress, but still “reduction in cash of c.£1m in H2”

Ten Lifestyle Group – “Preliminary Results and Trading Update”, not warning again surely?!!

Previously writing on provider of concierge services via a digital platform and ‘Lifestyle Managers’, Ten Lifestyle Group (TENG) I noted; So it’s revenue in line with reduced expectations, contract roll-out then requires positive volumes of activity and the profit warning also noted “some of the investment into new verticals that was not deployed in FY2018 will now be made in FY2019”. These are significant factors to look for in the 28th November-expected results announcement…

Ten Lifestyle (#TENG) – having only listed a year ago, dire results & another profit warning

Ten Lifestyle Group – revenue “in line” with, & cash “ahead of”, expectations. BUT…

“Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel platform for the world's wealthy and mass affluent, provides an update on trading activities ahead of the company's full year results for the twelve months ended 31 August 2018. The board expects net revenues for the financial year to be in line with market expectations”. Er, ok – what about bottom-line performance?...

Ten Lifestyle (#TENG) – after profit warning, revenue “in line” & “strong” pipeline of new business

Ten Lifestyle Group – interims emphasise “increase in member satisfaction levels”, what about shareholders'?

Having IPO’d on AIM at 134p per share in November, ‘lifestyle’ and travel concierge services group Ten Lifestyle (TENG) has announced results for the six months ended 28th February 2018. These include CEO Alex Cheatle “delighted with the increase in member satisfaction levels” and “as convinced as ever about the significant market opportunity and Ten's growth potential within that market as well as our ability to generate value for our shareholders”. The shares are currently at, er, 97.5p…

Ten Lifestyle Group – from IPO emphasising support for its “traction” to profit warning in 5 months!

In November Ten Lifestyle Group (TENG) announced a 134p per share IPO, emphasising “traction our business model and technology platform has generated in our target expansion markets will now be supported by significant investment”. There’s followed in recent months “Ten Wins Contract With Visa”, “Ten Wins Contract With American Bank”, “Ten Wins First Contract with HSBC” and “Ten Wins Contract With OCBC Bank” announcements. Now a “Trading Update”. Must be good news then…

Ten Lifestyle (#TENG) – trading warning, H1 revenue only “modestly increased”

Ten Lifestyle (#TENG) – expected more than £2m annual net revenue contract with HSBC

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