Alan Green talks to Venture Life Group (VLG) CEO Jerry Randall about today’s trading update. Jerry provides an overview of the VLG offering, and then discusses the financial and commercial highlights in today’s statement. Looking forward Jerry covers VLG’s strong financial position, and how non-dilutive funding will be used for further acquisitions, some of which (subject to Covid restrictions), may arrive before Christmas 2020.
Jerry also provides key points for investors going forward.
1) Earnings growth, profitability and strong cashflow
2) Manufacturing capacity – following investment into the manufacturing and distribution, VLG can now increase it’s capacity by 50%.
3) Improving liquidity for shareholders. The appointment of N+1 Singer has improved liquidity and volumes in the market