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ADVFN PLC - London-based operator of financial information websites for private investors - Posts a pretax profit of GBP202,000 in the six months ended December 31, down 23% from GBP264,000 a year before. This is on revenue which is stable at GBP4.2 million. "We have been a little more aggressive in investing for the future in this half with the addition to our offerings of new features and data, with a special focus on Crypto," company says.
Declares an interim dividend of 0.75 pence, in line with last year's dividend of 1.5 pence for the year as a whole.
On Yair Tauman's letter last month to convene a general meeting to consider board changes, firm says it has requested information from him regarding the individuals proposed as directors of the company. Tauman is seeking to remove ADVFN Chief Executive Clem Chambers.
Current stock price: 58.50 pence, down 16% on Monday
12-month change: up 72%
By Abby Amoakuh; abbyamoakuh@alliancenews.com
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