finnCap Group PLC's (LON:FCAP) Sam Smith talks to Proactive London's Katie Pilbeam about their surge in profits and a record performance for its first half which has provided it with the confidence to resume dividend payments.
Smith highlights to 35 deals that were sealed in the first half. She goes on to explain that due to Covid-19 'there was a lot of investor money around and the tech and life sciences propositions became very very topical.
For the six months to September 30, pre-tax profit owas £3.6mln, up 166% year-on-year, while revenues jumped 44% to £20.5mln. Revenues were boosted by a 53% rise in deal and advisory fees to £14.2mln, while the company said its client base was stable at 125.