In process of being released. Bottom line is:
Results for the Wasps Group summarised below reflect the impact of COVID-19 on the Wasps Group, combined with the prior year cash injection of £12.5 million of funds received by Wasps Holdings as part of the Premier Rugby Limited commercial deal with CVC Capital Partners and a £4.1 million increase in the valuation of the "P-Shares" that Wasps Holdings holds in Premier Rugby Limited:
· as at 30 June 2020, full year revenue decreased year-on-year to £22.2 million, compared to £34.5 million for the year to 30 June 2019 (Wasps Holdings: £9.9 million (2019: £14.8 million); ACL: £3.0 million (2019: £5.1 million); and IEC Experience Limited: £9.3 million ( 2019: £14.6 million));
· operating loss of £8.75 million, compared to an operating profit of £8.4 million in 2019;
· EBITDA loss (operating loss before taxation, finance costs, depreciation and amortisation) of £6.5 million, compared to a profit of £10.7 million in 2019 (a decrease of £17.1 million from the financial year ended 30 June 2019);
· valuation of the Ricoh Arena at £51 million and P-Shares at £13.9 million, unchanged from the 2019 valuations; and
· consolidated senior net debt at £37.3 million (mainly owed to Wasps Finance), compared to £31.4 million in 2019.
Board going out to the bondholders to seek changes to the conditions of the bonds - info here
https://www.londonstockexchange.com/news-article/WAS1/launch-of-consent-solicitation/14709706To be honest I don’t know much about the figures but it was surely to be expected given the pandemic.