27 June 2018 – final results
The financial services group has issued its results for the year to 31 March and these have shown a 47% increase in revenues to £28.8m (2017: £19.5m) with reported pre-tax profit coming out at £0.22m (2017: loss of £1.2m). Earnings per share on continuing operations were 0.05p and there was no dividend. The group has increased its funds under management for the 14th consecutive quarter and discretionary funds under management at the end of the year were £866m (2017: £603m). The group continues to expand its product range and is actively seeking to increase the level of funds under management. This may result in additional short term costs but the benefits should be seen ultimately and the shares remain ATTRACTIVE