Fantastic results from AIM
News from AIM covered here include fantastic results from two fast-growing AIM companies, one of which is one of our Stonking Small Cap selections. Elsewhere, another large AIM company is seeing its interest bill soar.
Restore: higher interest charges start to hurt Restore (AIM: RST), the archive group largely known for storing large numbers of archive boxes, and which now refers to itself as a “provider of digital and information management and secure lifecycle services” issued a mixed trading update for the 10 months to 31 October 2022. While the headline narrative is of revenue “performing strongly with the second half to date tracking well ahead of the same period in 2021”, the detail suggests they have some challenges. Its core Records Management business (40% of group revenue) saw net box growth of only 1%…