Stupendous Results | Bonkers Bargain | Hydrogen Storage
There were stupendous results from a lock-down winner covered here but it’s harder judge what the future might bring. Elsewhere, an earlier Bonkers Bargain looks in far better shape than many thought (not us!) and one of our high-growth selections receives another upgrade. Read on…
Best of the Best: stupendous results from a lock-down winner, but… Best of the Best (LON:BOTB), which runs competitions online to win cars and other prizes, announced stunning results for the year ending 30 April 2021 Revenue increased 156% to £45.68m, all of which was organic growth, pre-tax profit soared 235% to £14.06m and earnings per share increased 226% to 122.52p. On virtually every financial measure the returns were stupendous: - Operating margin 31% - Return on average equity 185% - Operating cash inflow £12.6m, with period end cash £11.8m - Proposed special dividend of 50.0p With nothing else to…