Unacceptable terminology | Naked concerns | Technology delights
News covered here includes impressive results from providers of interesting technology. Unfortunately, it’s a more worrying situation for an online wine retailer, which is struggling to achieve consistent profitability. Elsewhere, we are left distinctly unimpressed with new adaptations of the fairy tale ‘EBITDA’! Read on here for this and other news. (Free to read)
Water Intelligence: why expand in far-off lands? Water Intelligence (AIM: WATR), the multinational provider of minimally-invasive leak detection and remediation solutions for both potable and non-potable water announced interim results for the period ending 30 June 2023. Revenue increased by 9% to $38.7m, with the main contributor a 9% increase in Corporate Store sales to $29.2m. This is skewed by the acquisition of previous franchisees making to very hard to assess the real top line growth. With seemingly plenty of business to go after in its core US market through its American Leak Detection business, we are puzzled why this…