Crowdcube's Tempus Energy do not disappoint with further large losses versus projected £6.5m net profit.

Maybe one day Tempus will supply some good news - but not yet. A £500k loss for YE June 17 has replaced their projected Crowdcube £6.5m profit. 

We wrote about them here

Tempus have excelled in missing their targets and they are certainly up for Crowdcube's worst performing success, ever.

Now they have a new team of directors (all the others resigned) and some cash. Large intangibles are holding up the mantle.

Good luck with this one. Not quite as Crowdcube described it back in 2015, when they took £650k off investors. 

Tempus Energy join the Crowdcube pile

Tempus raised over £600k on Crowdcube in 2015. Recent accounts show them galaxies off course and the crew have abandoned ship.

The Crowdcube vetted projections for this company showed them making a very healthy profit of over £800k for their last financial year. As ever, the real story is rather different. They filed a loss of over £600k for the period. Next year's chasm should be even better with expected profits of £6.5m.

Worse news for shareholders is the fact that of the 6 Directors who made up the power team that would drive these exceptional profits on the Crowdcube pitch - all have resigned apart from the founder.