EVST

Everest Global PLC

Food, Beverage and Tobacco First-pass screen £0.44m

260/1000 Overall fit

AI beneficiary 35% 10

Operating leverage 25% 55

Valuation 25% 20

Downside protection 15% 25

First-pass take

Everest is a loss-making alcohol retail business with zero AI exposure. While gross margins expanded 58% YoY and revenue grew 29%, operating losses widened due to £379k goodwill impairment. Negative equity (£-971k), net debt (£1.5m), and operating cash burn leave it dependent on related-party convertible financing; going concern extends only to Feb 2027.

Flags

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