By Nigel Somerville, the Deputy Sheriff of AIM | Friday 8 February 2019
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.
AIM-listed Cloudbuy (CBUY) has offered up a trading statement for the year ended December 2018 and it seems that still not all of the garden is smelling of roses. Revenue was down by around 25% and although we are told of two opportunities which together would see the company reach cash-flow breakeven, we are not told when and we don’t know the likelihood of conversion to a contract.
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