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XP Factory 2021 Pretax Loss Narrowed After Post Covid-19 Recovery

By Kyle Morris

XP Factory PLC said Tuesday that its pretax loss for 2021 narrowed as owner-operated sites recovered with the return of trade after Covid-19 restrictions were lifted in mid-May 2021.

The owner of the Escape Hunt and Boom Battle Bar brands said its pretax loss for the year was 885,000 pounds ($1.1 million) compared with a loss of GBP6.6 million a year earlier.

Revenue was GBP7.0 million compared with GBP2.7 million a year earlier.

The company said it is well positioned for growth, but that it is mindful of increasing uncertainty from the current macro-economic environment, inflation and cost pressures.

Write to Kyle Morris at [email protected]

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