CityAM cityam.com 11 Jun, 2021 13:30 am

Exclusive: Mind Gym co-founder optimistic about the long road to pandemic recovery

Exclusive: Mind Gym co-founder optimistic about the long road to pandemic recovery
Workplace training provider Mind Gym has announced a recovery in losses in the second half of the year, after initially suffering from the impact of Covid-19 lockdowns.

Workplace training provider Mind Gym announced a recovery in losses in the second half of the year, after initially suffering from the impact of Covid-19 lockdowns.Mind Gym CEO Octavius Black said “we’re absolutely back” after his company reported a recovery in losses in FY21.Also Read: Training provider Mind Gym warns on coronavirus hit to profit The company was generating good growth prior to Covid-19, but its predominantly face-to-face business model meant it suffered from social distancing restrictions.Mind Gym’s annual revenue was down 18 per cent at £39.

Also Read: Time off work for mental health surges during UK coronavirus lockdowns Clients of Mind Gym, which include multiple FTSE 100 and S&P 100 companies, gave positive feedback for virtual sessions.“It was a very tough first six months because of lockdown, and we were unsure how quickly we’d recover,” said Black.

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