HK-listed gold stocks jump as US economic fears boost bullion prices
LONDON - Warpaint London plc (AIM:W7L; OTCQX:WPNTF), a supplier of color cosmetics, anticipates sales between £50 million and £52 million for the first half of 2025.
The projected figures represent an increase from £45.9 million in the same period of 2024, with approximately £5 million contribution from Brand Architekts, which the company acquired in February 2025.
The company reported that second-quarter revenue has been affected by a slowdown in its U.S. business following higher tariff impositions. The U.S. market represented 8.5% of the company’s sales in 2024.
Despite this challenge, Warpaint London stated that overall sales are being achieved at "significantly higher margin than that achieved in 2024."
The company expects its 2025 sales to be heavily weighted toward the second half of the year, citing planned product rollouts to additional stores and a "significant Christmas order book."
Warpaint London maintains a debt-free balance sheet with cash balances of £15.8 million as of June 10, 2025, compared to £5.5 million on June 30, 2024.
Pending shareholder approval at the AGM, the company plans to pay a final dividend of 7.5 pence per share on July 4, 2025, to shareholders on the register as of June 13, 2025.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.