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Fulcrum Utility Services – “trading update”, turns loss-making on even adjusted EBITDA basis

By Steve Moore | Friday 13 May 2022

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.

Fulcrum Utility Services (FCRM) states in a trading update that its “core multi-utility contracting business has remained relatively unaffected by… the UK energy market has continued to experience considerable turbulence”. So what of a current 7.3p share price, down nearly 20%?...

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