Mind Gym Plc expects H1 FY 21 revenue to be lower by 40%

Mind Gym Plc (LON: MIND) has released its half-year trading update for the period ended 30 September 2020.

  • The revenue for the first half is expected to be 40 per cent lower at £14.5 million (39% on a constant currency basis) as compared to the same period last year.
  • The company has stated that October is likely to deliver a marked increase in revenue, continuing the Group's month-on-month improvement in performance through the last two months of August and September.
  • There has been a change in the board with the appointment of Trevor Phillips OBE, as an independent Non-Executive Director of the company.