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Distil PLC - London-based premium drinks retailer - Swings to a pretax loss of £95,000 in the year ended March 31, from a profit of £243,000 the year before. Revenue falls 19% to £2.9 million from £3.6 million. Says it performed well in financial 2022 and attributes the drop in revenue and profit to a strong comparator year. Adds that revenue increased 20% versus financial 2020 from £2.4 million. Plans to strengthen its commercial and marketing departments to further accelerate the growth of its brands.
Current stock price: 1.40 pence, up 7.5% on Monday
12-month change: down 42%
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