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Goals Soccer Centres profit misses consensus by 41.6% in H1

Goals Soccer Centres PLC said its normalized net income for the first half amounted to 4 Great British pence per share, compared with the S&P Capital IQ consensus estimate of 6 pence per share.

EPS decreased 22.8% year over year from 5 pence.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £2.2 million, a decrease of 21.7% from £2.8 million in the prior-year period.

Total revenue totaled £17.0 million, compared with £17.1 million in the prior-year period, and total operating expenses grew 7.1% on an annual basis to £13.1 million from £12.2 million.

Reported net income declined 24.0% from the prior-year period to £2.7 million, or 4 pence per share, from £3.5 million, or 6 pence per share.