Plant Impact yet to bloom

Shareholders are still waiting for crop productivity firm Plant Impact to bloom as it continues to trade at a loss.

Shareholders are still waiting for crop productivity firm Plant Impact to bloom as it continues to trade at a loss.

The company, which is now focused on environmentally friendly nutrition products to help farmers get the best yield from crops, says revenues in the 12 months to the end of March were £1.93m versus £1.62m in the previous year, slightly ahead of market expectations of £1.90m. This was despite the company again accruing zero revenue from Bug Oil, the natural-oil based insecticide which used to be the focus of the company's commercial strategy.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.