B90 Holdings PLC provided earnings guidance for the year ended 31 December 2022. The business continued to perform in line with management expectations during the second half of fiscal year 2022. As a result, the board expects that revenues for fiscal year 2022 will be in marginally in excess of €2.1 million, in line with market expectations.

The company expects to report a reduced loss for fiscal year 2022 compared to fiscal year 2021, with an increase in administrative expenses, principally due to investment in marketing and operations, which together with exceptional costs incurred in connection with the EGM requisition, is expected to result in an operating loss of approximately €3.0 million.