The Revel Collective (TRC)

Sector:

Tourism and Leisure Services

Index:

FTSE AIM All-Share

 0.25p
   
  • Change Today:
      0.000p
  • 52 Week High: 0.98p
  • 52 Week Low: 0.13p
  • Currency: UK Pounds
  • Shares Issued: 1,501.93m
  • Volume: 961,353
  • Market Cap: £3.75m
  • RiskGrade: 57

Revolution Bars warns on profits, shares tumble

By Michele Maatouk

Date: Tuesday 17 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Revolution Bars warned on Tuesday that full-year underlying earnings were set to be at the bottom end of the range of market expectations, with trading in the run-up to Christmas hit by train strikes and bar closures to keep energy costs down.
Consensus expectations were for full-year earnings before interest, tax, depreciation and amortisation of between £6.7m and £10.5m.

The company said customers' confidence in the reliability of train services and their ability to travel has been severely impacted over recent months, with the threat of and ultimately significant industrial action through strikes in the week commencing 11 December, which is traditionally its busiest week of the year.

"This taken together with the ramifications of the cost-of-living crisis has meant that our walk-in revenue was lower than in previous years, with a consequential impact on group sales," it said.

Group like-for-like sales for the Christmas trading period were down 9% versus the same period in 2019, which was the last festive period not affected by the pandemic.

"As a consequence of the impact on our key Christmas trading period, the board has reassessed its expectations of the group's FY23 outturn assuming that industrial action subsides, energy prices hold at their current levels and taking into account various mitigating actions being undertaken.

"These mitigating actions include closing a number of the Revolution and Revolucion de Cuba sites on Mondays and Tuesdays in January and early February to manage our energy usage, amongst additional benefits to our teams."

At 1105 GMT, the shares were down 28% at 5.29p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TRC Market Data

Currency UK Pounds
Share Price 0.25p
Change Today 0.000p
% Change 0.00 %
52 Week High 0.98p
52 Week Low 0.13p
Volume 961,353
Shares Issued 1,501.93m
Market Cap £3.75m
RiskGrade 57

TRC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.48% above the market average38.48% above the market average38.48% above the market average38.48% above the market average38.48% above the market average
41.67% above the sector average41.67% above the sector average41.67% above the sector average41.67% above the sector average41.67% above the sector average
Price Trend
48.62% below the market average48.62% below the market average48.62% below the market average48.62% below the market average48.62% below the market average
52% below the sector average52% below the sector average52% below the sector average52% below the sector average52% below the sector average
Income Not Available
Growth
13.15% above the market average13.15% above the market average13.15% above the market average13.15% above the market average13.15% above the market average
45.83% below the sector average45.83% below the sector average45.83% below the sector average45.83% below the sector average45.83% below the sector average

TRC Dividends

  Latest Previous
  Final Interim
Ex-Div 08-Nov-18 22-Mar-18
Paid 07-Dec-18 12-Apr-18
Amount 3.30p 1.65p

Trades for 29-Aug-2025

Time Volume / Share Price
14:24 168,293 @ 0.29p
13:09 720,720 @ 0.28p
10:30 25,000 @ 0.28p
10:02 28,635 @ 0.23p
09:44 18,705 @ 0.28p

TRC Key Personnel

CEO Rob Pitcher
CFO Danielle Davies

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