23 December 2016 – interim results
The group has announced its interim results covering the six months to 30 September 2016. Revenues for the period were £16.9m (2015: £16.0m) whilst the loss before tax fell to £0.78m (2015: £0.82m). The group continues to expand the scale of its operations as it looks to achieve critical mass which will swiftly move it to profitability and the acquisition of Price Bailey Financial Services, announced last month, is a significant step forward in this regard. The recent fall in the share price provides an interesting buying opportunity for investors. SPECULATIVE BUY.