Pandemic Sends Moonpig’s Sales Flying But Revenue Growth Forecast To Slow
Moonpig Group PLC (LON:MOON)’s revenue of 368.2 million pounds ($508.8 million), up 113%, in the 12 months to the end of April.Pre-tax profits up 3% to £32.9 million in the 12 months to the end of April.Delivered 50.9 million orders in the 12 months to the end of April.Shares fell 6% in early trading.Q2 2021 hedge fund letters, conferences and more Moonpig's Revenue More Than Doubles"The pandemic sent Moonpig flying in terms of sales, with revenue more than doubling in the twelve months to the end of April. But with plans to spend big on marketing to hang onto newly acquired customers as reven...