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Tasty plc – full-year results, cash flow and balance sheet sickly

By Steve Moore | Thursday 30 March 2023

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Previously writing on ‘Wildwood’ ('pizza, pasta, grill') and ‘dim t’ (pan-Asian) casual dining restaurants company Tasty (TAST), in June with the shares down from previously 5.5p to below 4p I noted share price performance tasty for the CEO, not for other investors!, concluding that ‘with £135,000 basic salary apparently not enough to sufficiently incentivise and the noted challenges now, continue to avoid / sell’. The shares most recently closed at 2.6p… and now results for the company’s year ended 25th December 2022.

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