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
- AIM WINNERS & LOSERS: Made Tech jumps on contract with UK Home Office
15 Nov 2022 - TRADING UPDATES: Braemar launches gas desk; Aterian hails Azrar finds
3 Nov 2022 - LONDON MARKET CLOSE: Turbulent week ends in corporation tax cut U-turn
14 Oct 2022 - LONDON MARKET MIDDAY: 'Mini-budget' U-turn hopes turbocharge shares
14 Oct 2022 - IN BRIEF: Morses Club says Chair Nigel Knowles to step down
4 Oct 2022 - Morses Club plummets as continues to be materially loss-making
30 Sep 2022 - Morses Club 'materially loss-making' in H1
30 Sep 2022 - TRADING UPDATES: LoopUp, Surface raise capital; MaxCyte wins deal
28 Sep 2022
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
AIM WINNERS & LOSERS: Made Tech jumps on contract with UK Home Office
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
TRADING UPDATES: Braemar launches gas desk; Aterian hails Azrar finds
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
LONDON MARKET CLOSE: Turbulent week ends in corporation tax cut U-turn
(Alliance News) - A tumultuous week in London came to a suitably dramatic close on Friday, as the UK's prime minister reversed a key aspect of the rec...
LONDON MARKET MIDDAY: 'Mini-budget' U-turn hopes turbocharge shares
(Alliance News) - The FTSE 100's post-US inflation rally lost a bit of steam mid-morning Friday, before picking up pace once again as hopes the UK gov...
IN BRIEF: Morses Club says Chair Nigel Knowles to step down
Morses Club PLC - Nottingham, England-based home collected credit provider & online lender - Says Nigel Knowles will step down as chair on November 4,...
Morses Club plummets as continues to be materially loss-making
(Alliance News) - Morses Club PLC shares were down on Friday as it said it is materially loss-making in the first half of its financial year 2023, due...
Morses Club 'materially loss-making' in H1
(Sharecast News) - Doorstop lender Morses Club said on Friday that it was "materially loss-making" in the six months ended 27 August and that it was "...
TRADING UPDATES: LoopUp, Surface raise capital; MaxCyte wins deal
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Follow the stocks
