Science in Sport PLC - London-based sports nutrition company - Says it is unable to publish 2022 results in time for deadline. As a result, its shares were suspended for trading on AIM as of Monday, which will remain in place until it publishes its audited financial statements, which it expects ‘imminently’.

On Thursday, it said its 2022 unaudited pretax loss widened to £10.6 million from £5.3 million the year prior as its cost of goods increased to £36.8 million from £31.2 million and it recorded £1.1 million in new facility transition costs compared to £125,000 the year prior. Revenue rose to £63.8 million from GPB62.5 million. It said this revenue figure was impacted by the closure of its Russian business, port congestion issues in the US and supply chain issues.

Current stock price: 12.50 pence

12-month change: down 72%

Copyright 2023 Alliance News Ltd. All Rights Reserved.