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Big Sofa – positive trading update… but haven’t we already heard it quite recently?

By HotStockRockets | Saturday 13 July 2019


Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Big Sofa Technologies (BST) has updated investors with news including that it “announces H1 revenues of £1.1 million as the business gathers momentum and delivers revenue growth of more than 70% over the same period last year”“this progress has been achieved on a materially lower cost base compared to 2018” and “we now enter the second half of the year with confidence and momentum… fully expect to deepen the Ipsos relationship further whilst securing new revenue streams with strategic client wins”. Sounds good, but haven’t we already heard this quite recently?...

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