3 February 2021 - trading update

The AIM-listed financial services group has confirmed the guidance given in its trading statement of 30 November with revenues for the year to 31 December likely to be £24m with pre-tax profit set to emerge at £2.0m.  Net cash at the year end was £15.5m and although much of this is required for regulatory purposes it is worth bearing in mind that the market capitalisation of the company is only £17.5m!  The annual results will be formally announced in early April and this could prompt some interest in the shares . . .

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