Important partners | Attractive valuation | Bonkers Bargains
News covered here includes our assessment of results from one of AIM’s insolvency specialists. We consider why the valuation is far more modest than its AIM peer. Elsewhere, an online wine retailer needs to move plenty of stock over the festive trading period, while our Stonking Small Caps and Bonkers have encouraged with contract news.
Naked Wines: all to play for over the festive period
Online wine retailer Naked Wines (AIM:WINE), is still struggling to convert meaningful revenue into real profits, but it’s good to see the cash flow improve, despite the continuing high levels of wine inventory.
For its half year to the end of September revenue fell 15% to £112m, while the statutory pre-tax loss improved to £5.6m (HY 2024: Loss £9.7m). As you might expect,…
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