News blog

Best of the Best

  • BY: Andrew Hore |
  • POSTED: 14/01/2013 |

Competitions organiser Best of the Best moved back into profit in the six months to October 2012.

Best of the Best increased interim revenues from £2.68m to £3.22m, while a £115,000 loss was turned into a profit of £10,000. There was a cash inflow during the period. There is no interim dividend but a full year dividend is likely. Last year’s full year dividend was 0.8p a share.

Online revenue growth made up most of the improvement in overall revenues. Changing the style of the company’s Supercar competition and increasing the frequency of competitions to twice a month has helped online revenues, which account for 38.6% of the total.

The airport business, which was hit by the withdrawal from a number of BAA sites in 2011 reported an 11% recovery in revenues. There are eight airport sites and two sites in shopping centres. One year ago Best of the Best was trading at 10 airport terminals and three shopping centres.

At 20.5p a share, Best of the Best is valued at £1.92m. The NAV is £2.69m, including £1.22m in cash.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFDecember2012_39.pdf

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds