Thursday, 14 July 2016

East End Manufacturing getting closer to profit

In rare good news for Crowdcube funded businesses, EEM only made a small loss

East End Manufacturing raised money on Crowdcube back in early 2013.

Since then the projections have as ever been shown to worthless. However the good news for investors is that things are heading in the right direction. the reported loss for YE October 2015 was only £30k, considerably better than the previous year. 

The projections showed a profit of the period of over £400k but then who reads the projections anymore?

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