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Time Out Group – interims, is loss-making and a net current liabilities position really a “company well positioned for sustained growth”?!

By Steve Moore | Tuesday 5 March 2024


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.


Describing itself as a “global media and hospitality business”, Time Out Group (TMO) has announced results for its half-year ended 31st December 2023 headlined “Strong growth in adjusted EBITDA driven by improved margins and performance across both Media and Markets. Company well positioned for sustained growth”. What of that and a 54p share price still well down (natch, for a Woodford “investment”) from a 2016 150p listing price?
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