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fromLondon Business News | Londonlovesbusiness.com
1 week ago

GoCardless achieves profitability - London Business News | Londonlovesbusiness.com

Bank payment company GoCardless has recorded its first EBITDA positive quarter on an adjusted basis, operating in the black in the final three months of FY25 (April to June 2025). The result reflects strong cost discipline and a sustained growth trajectory, positioning the company for long-term financial sustainability. This milestone follows strong financial results in FY24, where GoCardless reported a 38% increase in revenue to £127m and a 55% reduction on losses, down to £35m.
Startup companies
Manchester United
fromBusiness Matters
3 weeks ago

Sir Jim Ratcliffe's 'bust by Christmas' warning questioned after 36m jobs cull at Manchester United

Job cuts costing over £36m cut losses to £33m and produced record £666.5m revenues, undermining claims of imminent financial collapse.
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Dining
fromBusiness Insider
4 months ago

Tariffs on China are taking a bite out of Cracker Barrel's gift shop business

Cracker Barrel faces a $5 million EBITDA hit due to tariffs affecting its gift shop supply chain.
The company is reevaluating its product selection to adapt to market changes.
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