Numis has reported a strong set of numbers with an increasing client base, higher revenue and profits above expectations. The company has made a good start to this year with 12 capital raising transactions, including six IPOs (FY15 38 and 11 respectively). The key issue for sustainable growth in a stockbroking and corporate advisory business like Numis is its client base. The number of clients rose to 183 from 171 and they have been increasingly active.
