Trading Update

XP Factory, one of the UK’s pre-eminent experiential leisure businesses operating under the Escape Hunt and Boom Battle Bar brands, is pleased to provide an update on trading for the six months to 31 December 2021.


Highlights:

  • £5.1m revenue delivered from owner-operated Escape Hunt sites in H2 (133% ahead of H2 2019)

  • Escape Hunt site level EBITDA expected to exceed £2m in H2 (340% ahead of H2 2019)

  • Positive Group EBITDA (excluding R&D credits) expected to be delivered in H2 with underlying Group EBITDA expected to be ahead of City expectations

  • £1.5m R&D grant (net of fees) received in January 2022

  • Completion of the acquisition of Boom Battle Bar on 23 November 2021

  • Number of new openings on track for both Escape Hunt and Boom Battle Bar


See here for full details.