Wednesday, 19 October 2016

Hubbub miss their Crowdcube targets by quite a way!


Hubbub raised £400k on Crowdcube in 2014. We wrote about them here

The projections used to sell the equity showed the company making a £500k net profit for YE July 2016.

Accounts just field at CH show the real loss for the same period was £141k pushing their balance sheet into the red.

Its not like you weren't warned!

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