4 March 2021 - final results

Manx Financial, the AIM-listed financial services group, has released final results for the year ended 31 December 2020.  Profit before tax slipped from £1.68m to £797k and diluted earnings per share on a total comprehensive income basis were 1.19p (2019: 1.62p).  Clearly the shares trade on a low multiple of earnings but this situation has persisted for some time.  Shareholder funds also increased from £25.0m to £30.1m during the period. The individual businesses within the group are also interesting and Manx FX, the foreign exchange advisory business, achieved a . . .

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