Interim results to 31 October are impressive. They echo comments made at the AGM in September. Net cash at end September was £64.4m (August: £65m). UK – continues to grow fast & profitably - Revenues rose 118%: “more than double the same period last year”; - Average revenue per instruction rose 14% to £1,138; - Gross profit margin rose to 56.5% (1H17: 55.6%; 2H17: 56.4%); - Administration overhead rises to £9.3m (1H17: £3.8m; 2H17: £5.

13 Dec 2017
Interims show strong growth

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Interims show strong growth
- Published:
13 Dec 2017 -
Author:
Robin Savage -
Pages:
4 -
Interim results to 31 October are impressive. They echo comments made at the AGM in September. Net cash at end September was £64.4m (August: £65m). UK – continues to grow fast & profitably - Revenues rose 118%: “more than double the same period last year”; - Average revenue per instruction rose 14% to £1,138; - Gross profit margin rose to 56.5% (1H17: 55.6%; 2H17: 56.4%); - Administration overhead rises to £9.3m (1H17: £3.8m; 2H17: £5.