By Steve Moore | Wednesday 7 June 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 group which describes itself as a “cloud platform for premium hybrid communications” LoopUp (LOOP), in March with the shares rising to 3.15p I noted it reckons “strong double-digit revenue growth from FY25 onwards”… but what about the bottom-line? And it has to get there first. It now reckons it “is pleased to announce its preliminary unaudited results for the year ended 31 December 2022”, so what of the shares currently responding further lower to 2.55p?
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