International Lithium Corp release ‘highly favourable’ PEA for Raleigh Lake lithium mine project. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Strategic investment has led to a record year for AIM listed Aeorema Communications

Aeorema Communications plc (AIM: AEO), the strategic events and communications group, has reported record operational and financial performance for FY23.

Steve Quah, CEO of Aeorema Communications, explains how the Company achieved a 66% increase in revenue to £20.2m (FY22: £12.2m) with Profit Before Tax up 25% to £1.0m (FY22: £0.8 million).

The strong balance sheet has been maintained with £1.9 million cash held and the dividend has been increased 50% to 3p per share with the Company committed to a progressive dividend policy going forward.

Steve also told focusIR that they have invested heavily in the business to ensure momentum continues across both EMEA and North America and there remains a deliberate strategy to reinvest a substantial portion of earnings back into the business to ensure continued growth.

Reasons to Add Aeorema Communications to your Watchlist:

• The Company has tripled in size over the last 24 months with an aggressive investment strategy

• The Company has already seen significant top-line growth, which is likely to be followed by significant operating margin expansion over the next 24 months

• The Company is well positioned to take advantage of the several strategic opportunities across the large and high value global sector

• The Dividend Yield of almost 4% provides stable income for investors

Related Shares

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.