By Kyle Morris Shares in Revolution Beauty Group PLC dropped 50% on Thursday after it said that auditors have raised accounting issues that could have a material impact on previous expectations for fiscal 2023. The London-listed beauty company said fiscal 2023 profit could be materially reduced amid several potential adjustments, including stock and bad debt provisioning and revenue recognition. In an update on May 6, the company said that revenue for the year ended Feb. 28 was 194 million pounds ($237 million) and adjusted earnings before interest, taxes, depreciation and amortization–a metric that strips out exceptional and other one-off items–for the year was GBP22 million.