Business
Interim Results - Replacement
Interim Results - Replacement.
About this update from Aeorema Communications Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n The following amendment has been made to the \"Interim Results\" announcement published on 29 March 2023 at 07.00am under RNS Number 5325U.\n \n \n In the Condensed Consolidated Statement of Cash Flows table, the announcement incorrectly stated that \"Cash (used in) / generated from operating activities\" was £2,048,422 for 6 Months to 31 December 2022, £188,544 for 6 Months to 31 December 2021, and £(143,738) for the 12 months to 30 June 2022. This has now been corrected to £2,520,486, £542,723, and £965,352 respectively.\n \n \n \n \n The amended table of Condensed Consolidated Statement of Cash Flows is shown below. All other information remain unchanged.\n \n \n \n \n \n \n The information contained within this announcement is deemed by the Company to constitute inside information for the purposes of Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310.\n \n \n \n \n \n Aeorema Communications plc / Index: AIM / Epic: AEO / Sector: Media\n \n \n \n \n \n \n \n \n 29 March 2023\n \n \n \n \n \n \n Aeorema Communications plc\n \n \n \n (\"Aeorema\", the \"Company\" or the \"Group\")\n \n \n \n \n \n \n \n \n Interim Results\n \n \n \n \n \n \n Aeorema Communications plc\n (AIM: AEO)\n , a leading strategic communications group, is pleased to announce its unaudited interim results for the six months ended 31 December 2022.\n \n \n \n \n \n \n \n \n Highlights\n \n \n \n \n \n ·\n Record level revenue of £7,121,103 (H1 2021: £4,909,742)\n \n \n ·\n Record level profit before taxation of £326,021 (H1 2021: £255,677)\n \n \n ·\n A period of continued growth and major investment for the Group\n \n \n ·\n Eventful Limited returning to profitability\n \n \n ·\n Substantially increased cash position of £3,676,194 (31 December 2021: £1,534,217)\n \n \n \n \n \n \n \n \n Chairman's Statement\n \n \n \n \n \n The six-month period ended 31 December 2022 has been a period of continued growth and major investment for the Group, following the record financial year we announced in November.\n \n \n \n \n \n Group revenue increased by 45% year-on-year to £7.12 million (H1 2021: £4.91 million) and profit before taxation by 28% to £0.33 million (H1 2021: £0.26 million). The Group continues to i...