#IDP Trading update this week - expecting £12.9m Revs & Net profits of c. £0.5m. Zero debt, decent cash & stock levels.
Stupidly undervalued, but watch for signs of further growth - its getting to an inflexion point that even the market cant keep ignoring. BTW, Mcap= £10m!!!
@valuesharecouk#IDP Nice, can see evidence in the increases followers since Jan & lockdown period. Some canny investors have been accumulating these! Dyor...
#IDP Agree with that, can see evidence in the increases followers since Jan & lockdown period. Some canny investors have been accumulating these! Dyor...
#IDP and that's on top of the maturing UK SkinnyTan market which is consistently bringing in cash which can be invested in these other growth drivers. And there's the life sciences division in the background as well.
Great SkinnyTan UK performance despite the lockdown, SkinnyTan USA growth, Nuthing looks good should benefit from shops reopening, Roots relaunching autumn should hopefully restart momentum.
#idp
Overall I can see strong growth next year and hopefully beyond as well.
#IDP - Trading update better than expected. FY sales expected to ahead of last year. April record month. Online strength a key asset. US sales +324%, Nuthing sales growing wk/wk. Cash generative, net cash on B/S
#beauty#digitial#online