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LoopUp Group – 2020 results. Do my doubts remain?...

By Steve Moore | Tuesday 30 March 2021


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.


LoopUp Group (LOOP) is “pleased to announce” 2020 results, including emphasising revenue up 18% on the prior year to £50.2 million, EBITDA up 239% to £15.3 million and development “into a broader cloud platform for premium external and specialist communications”. So what of a current share price response 18.5% higher to 86.5p?…

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