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Cloudbuy interims: “reach cash break even without further funding” – really?

By Nigel Somerville | Wednesday 22 August 2018


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.


AIM-listed jam-tomorrow (for years) online marketplace provider Cloudbuy has released its interims to June 2018. With a deadline of the end of next month to get the numbers out, it is encouraging to see results released over a month early – clearly the company thinks it has something to shout about after years and years of disappointment, but has it?

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