Source - Alliance News

eve Sleep PLC - London-based sleep wellness brand - Widens pretax loss in 2021 to £3.4 million from a loss of £2.4 million the previous year. Revenue rises 5.4% to £26.6 million from £25.2 million year-on-year. Company says this is its second consecutive year of revenue growth. Revenue growth was led by the UK and Ireland market, which achieved its third consecutive year of improvement. Revenue in its French business declines 13% in 2021. Calls the first quarter of 2021 its ‘strongest’ and as a result says trading in January and February has been softer than last year, but 6% up on 2020.

Current stock price: 1.99 pence

12-month change: down 61%

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