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Essensys still some way off profitability

Customer loss leads to share price weakness
April 21, 2022
  • Pre-tax loss widens on higher staff spending
  • Revenue edges up by 2.8 per cent

Essensys’ (ESYS) share price has been showing some signs of recovery over the last few weeks after falling off a cliff at the start of March.

However, profits for the company, which provides software to flexible workspace operators, are elusive and will remain so for a few more years, according to chief executive Mark Furness.

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