Time Out Group – full-year results, “positioned for further profitable growth”, Really?
By Steve Moore | Tuesday 6 December 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.
Previously writing on Time Out Group (TMO), in August I noted short-term loan facility, how’s that balance sheet set then?. Today the “global media and hospitality business” has announced results for its year ended 30th June 2022, headlined “Positioned for further profitable growth and back on pre-pandemic trajectory”. Is it?
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