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22 September 2021 Warpaint London plc ( AIM : W7L ) , the specialist supplier of colour cosmetics and owner of the W7 and Technic brands is pleased to announce its unaudited interim results for the six months ended 30 June 2021 . Financial Highlights • Strong growth in sales , profitability and cash generation during the period reflecting the focus on growing sales of the Group's branded products • Group sales increased by 36 % to £ 18.4 million in H1 2021 ( H1 2020 : £ 13.5 million , H1 2019 : £ 18.9 million ) ● Gross profit margin of 34.5 % ( H1 2020 : 35.1 % , H1 2019 : 34.9 % ) , against the backdrop of supply side price inflation and significant increases in freight costs • Adjusted EBITDA of £ 2.1 * million ( 30 June 2020 : £ 0.4 * million , 30 June 2019 : £ 2.1 * million ) ● ● Warpaint London PLC ( " Warpaint " , the " Company " or the " Group " ) • Adjusted profit from operations of £ 1.6 ** million ( H1 2020 : £ 0.4 ** million , H1 2019 : £ 1.3 ** million ) . Statutory profit from operations of £ 0.3 million ( H1 2020 loss of £ 1.4 million , H1 2019 loss of £ 0.1 million ) ● Interim Results for the six months ended 30 June 2021 UK revenue increased by 31 % to £ 8.9 million ( H1 2020 : £ 6.8 million , 2019 : £ 7.8 million ) International revenue increased by 41 % to £ 9.5 million ( H1 2020 : £ 6.7 million , 2019 : £ 11.1 million ) ● ● Cash generated from operating activities of £ 2.8 million ( H1 2020 : £ 2.3 million , H1 2019 : 1.3 million ) Comparatives have been included for both the prior year period and H1 2019 , a period not impacted by the Covid - 19 pandemic . Operational Highlights Cash of £ 6.7 million at 30 June 2021 ( 30 June 2020 : £ 3.8 million , 30 June 2019 £ 3.7 million ) The Company is now debt free with the remaining loans and HP contracts totaling £ 0.3 million having been repaid in full in April 2021 The board has declared an increased interim dividend of 2.5p per share ( 2020 interim dividend 1.5p per share *** ) The Group's financial performance is expected to continue to be second half weighted * Adjusted for foreign exchange movements , share based payments and exceptional items . ** Adjusted for exceptional costs of which there were £ 5,000 in the period ( H1 2020 : £ 0.2 million , H1 2019 nil ) , £ 1.2 million of amortisation of intangible assets ( H1 2020 : £ 1.2 million , H1 2019 £ 1.2 million ) , and share based payments of £ 0.1 million ( H1 2020 : £ 0.3 million . H1 2019 £ 0.1 million ) . Adjusted numbers are close to the underlying cash flow performance of the business which is regularly monitored and measured by management . *** The 2020 interim dividend declared comprised an interim dividend of 1.5p per share plus a one off additional 1.3p per share to reflect that no final dividend was declared for 2019 Further expansion in the number of Tesco stores stocking the Group's products and the stocking of additional W7 product lines . W7 branded products now sold in over 1,300 Tesco stores in the UK , up from 56 in June 2020 Further product expansion in the US with W7 products now being stocked in over 1,000 Five