Archived article

Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Cash burn and losses likely to continue to remain in the background
Thursday 22 Jun 2017 Author: Steven Frazer

Tuesday 27 June

Expect massive losses but also substantial growth from Blue Prism’s (PRSM:AIM) half year results on 27 June. Last year the robotic automation process technology designer did a little more than 40% of its £9.6m full year revenue in the first six months, implying about £8m sales in these figures.

Cash burn is also worth watching, given Investec’s anticipated £4.5m outflow for the year to 31 October 2017. It will be years before Blue Prism makes a profit but, for now, the market doesn’t seem to mind such is its apparent potential for growth, reflected in a staggering share price run.

 

‹ Previous2017-06-22Next ›