XP Factory reports double revenue growth for 2023, exceeding market expectations

XP Factory plc (LON:XPF), one of the UK’s pre-eminent experiential leisure businesses operating the Escape Hunt and Boom Battle Bar brands, has provided an update on trading for the 52 week period to 31 December 2023.

Highlights:

Substantial growth sees XPF double revenues for the second year in a row

·     Group turnover of circa £44.5m was 95% ahead of prior year (2022: £22.8m)
·     Exceptional like for like sales growth delivered across both brands in the 52 weeks to 31 December 2023:
·     Boom: up 29%
·     Escape Hunt: up 17%
·     Record corporate sales at Christmas drove strong like-for-like sales in December 2023 :
·     Boom: up 50%
·     Escape Hunt: up 20%
·     Performance provides confidence of meeting market expectations for the financial year to 31 March 2024 

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