Online platforms prove their worth

22/01/2021 · Kooth (KOO) · Learning Technologies (LTG) · Sage Group (SGE) · Zytronic (ZYT)

Online platforms have proven themselves over a testing period and should continue to do well as the move online accelerates.

Kooth: trading ahead

Kooth (LON:KOO) the digital mental health platform, which arrived on AIM in September, confirmed that revenue for the year ending 31 December 2020 would be ahead of market expectations and in the range of £12.5m to £13.0m, representing growth of more than 40%.

Net cash at the year end was £7.8m with the Group debt free following its IPO in September 2020.

The strong progress reflects their leading position supporting children and young people via…

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