27 September 2022 - interim results

Interim results covering the six months ended 30 June 2022 have been released by the AIM-listed financial services group.  Profit before tax was £2.3m, up from £1.1m in the same period a year earlier.  Basic total comprehensive income earnings per share were 1.94p (2021: 0.88p).  Shareholder Equity was up 17% to £27.0m (£23.1m).  The company has pointed out that its shares trade on an exceptionally low multiple of earnings.  Although the fact that the shares are tightly held does increase some elements of risk involved with investing, the . . .

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