nakama group plc (NAK) Snapshot

Nakama Group PLC announced the appointment of Paul Goodship and Rob Sheffield as Directors of the Company. Paul Goodship is one of the founder members of Nakama Limited and its subsidiaries. He has a successful track record of delivering corporate staffing and recruitment solutions with over 15 years of experience building and managing permanent, contract and executive search recruitment teams. Rob Sheffield is one of the founder members of Nakama Limited and its subsidiaries. He has over a decade of experience working, managing and building teams within the recruitment sector and servicing the digital, marketing, creative services and advertising industries.

Nakama Group PLC announced that Stefan Ciecierski, CEO of the company has left the Board with immediate effect. It is proposed that Rob Sheffield, Managing Director of Nakama APAC region based in Australia will be promoted to the Board along with Paul Goodship, Managing Director of Nakama London to work with the current executives.

Nakama Group PLC announced unaudited consolidated earnings results for the six months ended September 30, 2012. For the period, total revenue was £8,636,000 against £4,779,000 for the same period a year ago. Operating profit was £37,000 against £155,000 for the same period a year ago. Profit on ordinary activities before taxation was £11,000 against £152,000 for the same period a year ago. Profit and total comprehensive income for the period attributable to equity shareholders was £11,000 against £152,000 for the same period a year ago. Diluted earnings per share were 0.01 pence against 0.21 pence for the same period a year ago. Net cash used in operating activities was £59,000 against £173,000 for the same period a year ago. Purchase of property plant and equipment was £25,000. Purchase of intangible asset was £30,000. EBITDA before exceptional items increased to £191,411 against £156,080 for the same period a year ago.