Silver Bullet Data Services Group plc – Silverbullet (LON:SBDS) a provider of digital transformation services and products, has announced interim results for the six months to 30 June 2023.
Financial Highlights
| Six months to June 2023 | Six months to June 2022 | |
| Revenue | £4.16m | £2.33m |
| Gross Profit | £3.34m | £1.63m |
| EBITDA* | (£1.19m) | (£3.41m) |
| Reported Loss before tax | £1.83m | £3.79m |
| Earnings Per Share | (£0.10) | (£0.27) |
*See note 3 of notes to the interim accounts
Operational Highlights
| · | For the six months to June 2023, Silverbullet experienced a period of strong revenue growth, with revenue having increased by 79% to £4.16 million versus H1 2022 (2022: £2.33m). |
| · | Increased revenue driven by the expansion of services to established customer base across the Group’s three key markets of US, UK and APAC, alongside new logo wins; notably, over 35% of Group revenue in the period was generated in the US market. |
