CRIMSON TIDE PLC (TIDE) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the CRIMSON TIDE PLC Interim Results Investor Presentation. A. Before we begin, I'd to hand you over to Jackie Daniels, CEO. Good morning. Good morning. Good morning, everyone. Thank you very much. Well, welcome to our interim results presentation. We've had a very good, excellent first half. This morning, what I'm going to do is I'm going to ask Sean, the finance director, to reiterate the headline numbers. He'll also take you through some key metrics Mhmm. And some of the more pure SaaS metrics so that you'll be quite clear on where we stand today. I'll also then give you an update on marketing. We'll talk about the product and the impact of the investments that we've been making on on both of these. And then a couple of corporate things, and then perhaps a pertinent look at the outlook and the forecast. So I'm gonna hand over to Sean Mullen, who's gonna take you through the headline numbers. Sure. Thanks thanks, Jackie. Let me just move to the next slide. So financial headlines. So starting with turnover and gross profit, it's been a very solid period for us. Turnover was 3,000,000, gross profit 2.6. So that is an increase on 31% in the same time last year, which is a which is a very good result. Admin expense is a slight increase of 9%, although that is not really in line with turnover and gross profit. And we have managed to control costs quite substantially. So this increase is to do with inflation largely and some strategic hires. It's important to note, sort of the main consideration really, is that we have returned to EBITDA profitability. So this time last year was 300,000 loss, and now it's a 100,000 gain, which is which is positive. Has translated to a loss before tax, which has improved on the same period last year. So moving...