Science in Sport plc provided earnings guidance for first half and full year 2024. The company estimates closing H1 FY24 with revenue of c.£25.5m (FY22: £34.4m), a reduction of 27% from H1 FY23 due to a shift in sales towards a royalty based model in certain export regions as well as a conscious step back from marginal revenue channels to prioritise profitable, cash generative growth.

Management anticipates that full FY24 year on year revenues will decrease due to these actions but in the medium term management continue to expect sustained revenue growth via effecting marketing and strong commercial execution with profit margin growth prioritised.