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Originally published by The Kenyan Wall Street
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business
September 8, 2025
19h ago

Homeboyz H1 Loss Narrows to KSh 11.5M on Revenues Surge, Equity Turns Positive

Homeboyz H1 Loss Narrows to KSh 11.5M on Revenues Surge, Equity Turns Positive

Homeboyz Entertainment narrowed its H1 2025 net loss to KSh 11.5M as revenues rose 54% to KSh 149.3M. Equity also turned positive...

✨ Key Highlights

Homeboyz Entertainment PLC significantly narrowed its net loss to KSh 11.5 million for the first half of 2025, a substantial improvement from KSh 24.5 million a year prior. This positive turn was driven by a strong resurgence in revenue and marks a crucial swing to positive equity for the entertainment and events company.

  • Revenue surged by 54% year-on-year to KSh 149.3 million in H1 2025, primarily due to a rebound in event activities.
  • Homeboyz Entertainment PLC, listed on the NSE’s Growth and Enterprise Market Segment (GEMS), achieved a positive equity of KSh 16.1 million, reversing a negative position of KSh 22.3 million in June 2024.
  • Operating cash flow turned positive at KSh 5.0 million, a significant improvement from an outflow of KSh 13.7 million in H1 2024.

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