Flexion Mobile: Ramping-Up the Portfolio
Flexion communicated its trading update, beating its own expectations with an estimated revenue growth of 136%. However, the revenue growth was somewhat below Redeye’s relatively high expectations. Total revenue will be close to GBP 6. 6 million versus our estimate of GBP 7.
65 million. The gross margin amounted to GBP 0. 8 million compared to our estimate of GBP 0.
96 million.