Frontier IP, an IP commercialisation company, has showed a strong FY’20 (period-end 30 June 2020) financial performance, in line with our cash flow expectations set out in our September note but make no changes at this juncture. Notably, net income from the unrealised revaluation of investments was up 55% to £6.0m, slightly ahead of our expectations of £5.8m. NAV/share grew 23% to 51.0p vs. 41.4p 30 June 2019, enjoying a 5 year CAGR of 19%. Results cap a fine period of news flow and portfolio pr ....
05 Nov 2020
FY'20 results shows strong progress amid COVID-19
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FY'20 results shows strong progress amid COVID-19
Frontier IP Group Plc (FIPP:LON) | 38.5 0 0.0% | Mkt Cap: 21.6m
- Published:
05 Nov 2020 -
Author:
Edward Thomason -
Pages:
3
Frontier IP, an IP commercialisation company, has showed a strong FY’20 (period-end 30 June 2020) financial performance, in line with our cash flow expectations set out in our September note but make no changes at this juncture. Notably, net income from the unrealised revaluation of investments was up 55% to £6.0m, slightly ahead of our expectations of £5.8m. NAV/share grew 23% to 51.0p vs. 41.4p 30 June 2019, enjoying a 5 year CAGR of 19%. Results cap a fine period of news flow and portfolio pr ....