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Mobile Tornado suffers £400k loss in 2020 | 27 January 2021

27 January 2021 | 13:59pm
StockMarketWire.com - Mobile Tornado suffered an EBITDA loss of approximately £400,000 in 2020, according to the company s full year trading update.
Revenues over this period were £2.52 million.
However, the communication solutions provider s recurring revenues remained stable at £2.03 million compared to £2.06 million in 2019.
Shortfalls in revenue was partly offset by a reduction in total operating expenses from £3.16 million to £2.73 million.
Chairman Jeremy Fenn said: There is still a huge amount of uncertainty in the marketplace, so it is difficult to make forecasts for the year. However, we have started the year brightly and the board is totally focused on moving the business into sustainable profit during the current financial year. ....

Jeremy Fenn , Tornado Group , Mobile Tornado Group , ஜெர்மி ஃபெந் , சூறாவளி குழு , கைபேசி சூறாவளி குழு ,

Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Mobile Tornado suffers £400k loss in 2020

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Jeremy Fenn , Tornado Group , Mobile Tornado , Mobile Tornado Group , ஜெர்மி ஃபெந் , சூறாவளி குழு , கைபேசி சூறாவளி , கைபேசி சூறாவளி குழு ,