Sign In
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- US Share Prices
- Stock Tips
- Share Chat
- FX
- News & RNS
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
MCL.L Share News (MCL)
MCL Share
Price
MCL Share
News
MCL Share
Chat
MCL Share
Trades
MCL
Live RNS
MCL Share
Charts
MCL Broker
Ratings
MCL Directors
Deals
MCL Financial
Diary
MCL
Fundamentals
MCL Short
Positions
MCL
Media
MCL Company
Research
MCL Company
Timeline
- There is currently no data for MCL
IN BRIEF: Morses Club Sees Revenue Decrease Amid Lending Restrictions
Morses Club PLC - Batley, West Yorkshire-based doorstep lender - Reports pretax profit of GBP758,000 in the six months ended August 29, down from GBP6.7 million the year before, amid a 24% decrease in revenue to GBP50.2 million from GBP66.3 million. Says this is due to the challenges of lending to new and existing home-collected credit customers and lower customer demand during the national lockdown in the UK. Plans to pay a 1.0p per share interim dividend, down from 2.6p the year prior.
Says rate of decline in HCC customers more than halved in August, following the lifting of lending restrictions in place for new customers between March and mid-July, but expects its customer base to stabilise in the second half of its 2021 financial year.
Current stock price: 46.50 pence
Year-to-date change: down 66%
By Zoe Wickens; zoewickens@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
Latest MCL News
- UK Shareholder Meetings Calendar - Next 7 Days
19 Jun 2018 - Morses Club announces acquisition of Shelby Finance
11 Jan 2017 - Director dealings: Morses Club's banker shows faith in non-standard lender
22 Dec 2016 - DIRECTOR DEALINGS: Morses Club Non-Executive Buys First Shares
14 Oct 2016 - Morses Club trading in line with expectations since AIM listing
1 Sep 2016 - Hotel Chocolat And Toople Price IPOs As Morses Club Begins Trading (ALLIPO)
5 May 2016 - Morses Club To Be Valued At GBP140 Million In AIM Float (ALLIPO)
29 Apr 2016
Related News
IN BRIEF: Morses Club shares cancelled from trading on AIM in London
Morses Club PLC - Nottingham, England-based home collected credit provider and online lender - AIM notifies Morses Club it has cancelled ordinary shar...
IN BRIEF: Morses Club CEO wants "explanation" as custodian sells stock
Morses Club PLC - Nottingham, England-based home collected credit provider & online lender - Chief Executive Gary Marshall was informed that a custodi...
Morses Club receives extension for facility until end of March
(Alliance News) - Morses Club PLC on Tuesday said it received an extension of its facility.
MCL.L News
UK Shareholder Meetings Calendar - Next 7 Days
Wednesday 20 JunePrimorus InvestmentsDeltex MedicalUK Commercial Property Sykes Emerging Europe (re 21
Morses Club announces acquisition of Shelby Finance
(ShareCast News) - Home collected credit lender Morses Club has announced the acquisition of Shelby Finance, a provider of online instalment loans, fo...
Director dealings: Morses Club's banker shows faith in non-standard lender
(ShareCast News) - Morses Club director Peter Ward has snapped up £236,000 worth of shares in the UK's second largest home collected credit lender. No...
Morses Club trading in line with expectations since AIM listing
(ShareCast News) - Credit lender Morses Club said since listing on AIM in May the company is trading in line with expectations. Total credit issued...
Follow the stocks
