Hardman & Co Research: Koovs (KOOV): New year started with a bang

Hardman & Co Research 
Hardman & Co Research: Koovs (KOOV): New year started with a bang 
 
18-Jul-2019 / 12:45 GMT/BST 
 
*Hardman & Co Research: New year started with a bang* 
 
The important information from Koovs' FY19 results is not the results for 
the year but the trading since the company secured its additional financing. 
With Gross Order Value (GOV) up 104% in 1Q20, Koovs is once more showing the 
sort of growth associated with online success. FY19 itself was a lost year, 
as the company conserved cash while it successfully sought new investors; 
they eventually arrived - not only with money but with important synergistic 
benefits too. The GOV data is a function of being able to finance growth 
again. The benefits of the Future Lifestyle (FLFL) tie-up are still to come 
in additional distribution and improved buying. 
 
Please click here for the full report: 
 
https://www.hardmanandco.com/?post_type=research&p=3200&preview=true [1] 
 
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843305 18-Jul-2019 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=c9222c35ca82208d5a3dfd5886006e62&application_id=843305&site_id=vwd&application_name=news 
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=5a632f52f80bd372265e4041a743aa1c&application_id=843305&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

July 18, 2019 07:45 ET (11:45 GMT)