EBTM Confirms First Profits
Posted by citychap on May 5, 2008
Online Fashion Retailer EBTM has confirmed a first annual pre-tax profit for yearly trading. Chief executive Richard Breeden says the company, which lost £661,570 in the year to April 2007 on £1.3 million turnover, will ‘report a maiden full-year profit before tax’ for 2007/08.
The London-based, AIM-quoted company, which wholesales on the internet, paid £4.75 million in cash and shares last June for the ‘complementary’ Lowlife clothing and accessories brand.
