finnCap Group PLC has provided an impressive full-year (to 31 March 2022
year-end) revenue update, ahead of its July results announcement. Total
revenue (unaudited) was £52.4m, 12% up on FY21, driven by a doubling of
revenue in finnCap Cavendish to £24.1m. This is £1.4m above our previous
forecast (£51m) and comfortably above management’s (pre-March update)
£45-50m guidance. The company has guided to adjusted pre-tax profit
remaining in line with market expectations.
14 Apr 2022
Further upgrade to FY22 revenue guidance
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Further upgrade to FY22 revenue guidance
Cavendish Financial PLC (CAV:LON) | 10.3 0 0.0% | Mkt Cap: 39.6m
- Published:
14 Apr 2022 -
Author:
Mike Trippitt -
Pages:
4
finnCap Group PLC has provided an impressive full-year (to 31 March 2022
year-end) revenue update, ahead of its July results announcement. Total
revenue (unaudited) was £52.4m, 12% up on FY21, driven by a doubling of
revenue in finnCap Cavendish to £24.1m. This is £1.4m above our previous
forecast (£51m) and comfortably above management’s (pre-March update)
£45-50m guidance. The company has guided to adjusted pre-tax profit
remaining in line with market expectations.