StockMarketWire.com - Best of the Best's revenue rose by 12.6% to £10.10 million in the year to the end of April while profit before tax increased by 10.9% to £1.06 million.

The group - which runs competitions to win cars both online and at retail locations - said online revenue increased by 40.6% to £7.06 million, representing 70.5% of total revenue.

Chief executive William Hindmarch said: "The transformation from a retail business to a predominantly online operation has continued, with the majority of our revenues driven by digital channels, realised through our website, www.botb.com.

"Our online customer acquisition spend has significantly increased during the year, with encouraging results. On the back of these successful trials, we will be further increasing our player acquisition and marketing investment this year.

"Our weekly car competition continues to benefit from incremental changes and continues to be well received by our customers both online and at our airports and retail locations.

"The business is well placed for future growth and we look forward to updating shareholders on further progress in due course."




At 9:06am: [LON:BOTB] Best Of The Best Plc share price was 0p at 197.5p



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