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Falanx – argues “far greater” order pipeline, but what about the bottom-line?

By Steve Moore | Thursday 4 August 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.

Cyber security group Falanx (FLX) has issued a trading update noting full-year organic revenue growth of circa 14% and “the pipeline is not only much larger in terms of financial value but also has a high level of advanced prospects”. So what of a current approaching 22% share price rise to 0.70p?

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