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Dev Clever Holdings Plc’s revenue surge by 44.6% for the six months ended 30 April 2020

1 min read | July 27, 2020 07:11 PM BST | By Team Kalkine Media
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Dev Clever Holdings Plc (LON:DEV) has released the results for the six months ended 30 April 2020.

  • The company’s revenue for the period was up by 44.6 per cent at £383k as compared to £264k in H1 2019 and up by 68.7 per cent for 7 months to 30 April 2019, led by strong performance in the Agency Services division.
  • The company reported an EBITDA loss of £561k as compared to a loss of £545k in H1 2019, which includes share-based payment expenses of £44k.
  • The company’s cash position was of £472k with subscription agreement in place after period-end to raise up to £10 million, as compared to £453k in H1 2019.
  • On 27th July 2020, at the time of writing, GMT 09:33 AM, DEV shares were trading at GBX 8.95, down by 0.65 points or 6.77% against the previous day closing price.

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