David Bramhill on Union Jack Oil's Financial Surge and Future Outlook | David Bramhill, Executive Chairman, Union Jack Oil Plc. 00:10:00
David Bramhill, Executive Chairman of Union Jack Oil, provides an update on the company’s remarkable financial transformation. With oil revenues soaring by over 1,000% in 2021, Union Jack Oil reported a significant increase in oil sales, from £0.158m in FY20 to £1.894m in FY21. This dramatic rise has not only led to the company achieving its first gross profit but also surpassing its FY21 revenues with net revenues of £2.877m. Bramhill discusses these positive financial indicators and outlines the promising future that lies ahead for Union Jack Oil.