Lo-Q, the company that supplies “virtual queue” management systems for the amusement and water park industries, announced that the interim results to April 2011 showed sales of £3.3 million (2010: £2.5 million) and pre-tax loss of £942,000 (2010: £(900,000)).
The company reported that whilst total guest attendances were broadly in line with those for 2010, average customer spend increased 28% due to the increased proportion of guests using premium products.
Period end net cash was £4.0 million (2010: £2.9 million)
The LOQ share price has increased by 61% over the last year.
Lo-Q Plc is currently graded b by LCF Research. To learn more, follow this link.
