Brompton profits plunge 99% in ‘tough year’
Brompton confirmed that as of 31 March 2024, it had net assets of £65.1m, up from £49.4m the previous year, primarily due to a cash injection from an equity fundraise in May of 2023
Brompton has revealed its profits plunged 99% to just £4,602 in what its managing director called a “tough year” in a sector that is battling excess stock.