Science in Sport – fit for purpose?
The developer and manufacturer of excellent sports nutrition products for professional athletes and sports enthusiasts recently issued interim results. As losses mount we ask whether this business can continue to spend so lavishly?
Results from Science in Sport (AIM:SIS) for the 6 months ending 30 June 2018 saw revenues grow 20% to £9.93m with the company’s e-commerce platform delivering 30% growth.
The Group’s international business appears to be doing nicely with international revenue growing 53% in the period and now accounting for 34% of total revenue, up from 27% previously.
We covered Science in Sport in a previous Premium Research note, asking whether it could…
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