Delightful recurring revenue
It’s rare to find a UK company which is a big player in the US healthcare sector, but that’s the case with a high-quality AIM company covered in our free update here, which has the attraction of lots of recurring revenue. Elsewhere, an operator of cocktail bars looks interesting value.
Nightcap: one to follow at current levels Nightcap (AIM:NGHT), the operator of cocktail bars, reported significant progress in its interim results. The Group is led by Sarah Willingham, a former Dragon on the BBC’s ‘Dragon’s Den.’ Sarah was previously a director of Clapham House Group where she co-owned, developed and sold the Bombay Bicycle Club. She was also responsible for the development of The Real Greek and Tootsies brands and the combined estate of 47 restaurants. Revenue from Nightcap for the interim period to 26 December 2021 climbed more than 700% to £15.8m, primarily due to the acquisition of The…