XP Factory plc (LON:XPF) has announced its audited final results for the 15 months ended 31 March 2024
FINANCIAL HIGHLIGHTS
| · | Group revenue for the 15 month period increased to £57.3m (12 months 2022: £22.8m) demonstrating the significant growth in scale: |
| – Escape Hunt® owner operated site revenue increased to £16.7m (12 months 2022: £9.8m) | |
| – Boom Battle Bar® (“Boom”) owner operated revenue increased to £37.5m (12 month period 2022: £9.5m) | |
| · | Gross margin increased slightly to 64.6% (2022: 64.4%) |
| · | Pre IFRS 16 Group Adjusted EBITDA increased to £6.3m (12 months 2022: £2.6m) |
| · | Site level pre IFRS 16 EBITDA increased to £16.2m (12 months 2022: £8.3m) |
| · | Group Adjusted EBITDA rose to £9.9m (12 months 2022: 4.0m) |
| · | Operating profit1 of £1.9m was £7.0m ahead of prior year (12 months 2022: loss £4.9m) |
| · | Loss after taxation of £0.5m (12 months 2022: £1.0m) |
| · | £11.1m cash generated from operations (12 months 2022: £3.3m) – £8.3m invested in capital expenditure |
| · | £3.9m cash balance at 31 March 2024 (31 Dec 2022: £3.2m) |
