Decreased Travel & Tourism Activity Wipes Out 60% Of Knutsford Express’ Q1 Revenue – Earnings Review

Knutsford Express Services Ltd (KEX) recently reported their August 2020 (Q1) results. Here are the highlights.

This is just a summary, but for more charts, ratios and other details visit KEX’s page here

This Quarter (2021Q1) vs Same Quarter Last Year

  • Revenue of $121.74m vs $324.52m (-62.49%)
    Revenues decreased over the comparative period due to a reduction in the frequency of trips from the imposition of curfew hours because of the ongoing COVID-19 pandemic. Management cited it as being the worst quarter in its history.  
Quarterly Financials 286.82m 2019Q3 304.68m 2019Q4 324.52m 2020Q1 282.67m 2020Q2 318.04m 2020Q3 96.45m 2020Q4 121.74m 2021Q1
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