|
B90 Holdings PLC - Isle of Man-based, gambling industry-focused online marketing company - Issues trading update in light of the increases to gambling duties announced in the UK budget delivered on Wednesday. Says that all of its current revenue is derived from partners and customers outside the UK, so the tax changes have no impact on its business model, financial guidance or operations. Adds that it continues to trade in line with expectations, with its performance in the year to date ‘tracking well against existing broker forecasts’, and that it remains encouraged by its strong momentum and growing portfolio of high-quality international partnerships. Notes that December is usually a strong trading month. B90 says it remains confident in delivering full-year results consistent with, or ahead of expectations, and anticipates reporting continued revenue growth and earnings before interest, tax, depreciation and amortisation profitability. Intends to provide a further update in early 2026. Current stock price: 4.01 pence, up 3.0% on Friday in London 12-month change: up 12% Copyright 2025 Alliance News Ltd. All Rights Reserved.
|
