7digital Share Discussion Threads

[givmesunshine] 30/6/2022 06:38

looks ok at first glance .. untill you read this

The Group made a loss before/after tax of GBP3,919k in the year (2020: GBP1,287k) and at the year-end had a net current liability position of GBP4,681k. The pressure on short-term working capital combined with a reliance on anticipated revenue growth which is sensitive to factors outside the Group's control, as well as the risk that the Group's sales targets may not be met, indicate that a material uncertainty exists in relation to the timing of future cash inflows and cash outflows that may cast significant doubt on the Group's ability to continue as a going concern.

Taking the reasonable worst-case scenario that has been considered by the Directors, and if the Group is unable to raise finance from alternative sources, the Group is reliant on continued support from existing shareholders of up to GBP4m to ensure it can meet its liabilities as they fall due. Whilst the Group has had success with raising funds in the past, there is no certainty over future funding. Within the pledged GBP4m of shareholder support, GBP0.5m is expected to be received soon after signing, in the form of a loan repayable in no less than 12 months from the date of drawdown.

[tomzimerman] 28/6/2022 13:42

1 share sold. .

[david gruen] 27/6/2022 11:59

7 million cap for a company who's competitors include Amazon and Spotify.

[kkhan83] 27/6/2022 11:38

Might be promising!

[kkhan83] 27/6/2022 11:21

Up 15% today. Something material coming?

[tomtum1] 20/6/2022 07:15

Results due next week and based on the last results they will be cash positive in Q4.

[asher] 19/6/2022 09:23

Results due out by 30th june?

[tomzimerman] 14/6/2022 07:09

Also this below, but wonder why there's no rns update on these, maybe it's not market worthy but share price at all time lows you'd think the company would want to support their investors Copied from LinkedIn below "Very proud to announce the renewal of our contract with XITE, a leader in SmartTV entertainment and partner to Ziggo, the largest cable operator in the Netherlands. Amsterdam-based XITE reaches 100 million households worldwide and uses 7digital's catalogue and platform to power its non-stop audio product XITE Music. Our team is proud to continue to serve XITE and all our customers in providing more music to more people around the world. Read more here:https://lnkd.in/gadFyTDR

[tomzimerman] 14/6/2022 07:06

Decent update on LinkedIn renewed contracts and growth, reads well https://www.7digital.com/wp-content/uploads/2022/06/7digital-May-2022-Newsletter.pdf

[maverickps123] 07/6/2022 14:39

Take some of this dog come on

[tomzimerman] 07/6/2022 12:52

Shorts living the dream for the time being, be prepared is much better imo than complacency.

[tomtum1] 30/5/2022 13:20

What's going on here?

[tomzimerman] 30/5/2022 09:23

Just a screen print of the buys, can't see anything on the that tweet that explains the buying. Undervalued here imo regardless for the contracts they have signed but would like a sustained rise to be honest rather than fastest finger first, as it was last week. LolEver hopeful 7dig delivers the rns dreams are made of. One day

[solo4yous] 30/5/2022 09:12

Seems moreHTTPS://twitter.com/zopelyforver/status/1531200972592136193

[tomzimerman] 30/5/2022 08:44

Looks like there back, hopefully they stick around this time or have sniff of some news, hence the buying.

[zxie] 30/5/2022 08:38

INSP shares jump soon

[solo4yous] 30/5/2022 08:26

#7dig Ready to pop again?1m buyers back

[tomzimerman] 26/5/2022 15:22

Short and sweet of Blu hes needy

[tenapen] 26/5/2022 14:52

Dilly

Pumped ?

No record of that here.

[dillydally2] 26/5/2022 14:14

People who jumped in now exiting at loss as those who got in early before they pumped already exited

[david gruen] 26/5/2022 07:49

Here we go....

Whooosh

[dennisbergkamp] 24/5/2022 08:28

Guys,

"Shirley" at this price point, its worth a punt?

d

[tenapen] 24/5/2022 05:20

PURP

Do your best