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Don't have an account? Click here to register.1pm confident porfolio will grow
Fri, 07th Oct 2011 08:33
1pm, a provider of lease asset finance to the SME sector, updated the market on its progress in a presentation at its annual general meeting. Managing director Maria Hampton, who gave the presentation, said: "It has been a pleasing start to the trading year. In the quarter to 31 August 2011 the business has generated revenue of £567k (Q1'10: £397k). "Profit before tax is also ahead of the equivalent period at £97k (Q1'10: £12k). "We continue to write levels of new business that grow the lease portfolio which as at 31 August 2011 was £10.6m (31 May 2011: £10.1m)."Hampton added that the firm's management is confident that with the right support it can grow the lease portfolio further. The share price fell 5.56% to 0.085p. NR
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28 Jul 2015 17:00
1pm acquires MH Holdings for £12m
(ShareCast News) - Finance firm 1pm has acquired MH Holdings for £12m and plans to raise £7.3m in a placing of shares to fund the deal. MH Holdings is a provider of equipment finance and an equipment and vehicles broker with an annualised turnover of £5.1m. It is the only trading company of which is
Read more24 Jul 2015 14:15
1pm hikes pre-tax profit, announces first final dividend
(ShareCast News) - Finance firm 1pm announced a maiden dividend as it reported a 20% hike in pre-tax profits for the year. The AIM listed company, which lends money to SMEs, posted pre-tax up a fifth to £1.62m, from £1.35m the year before. Revenues were up 31% to £5.5m from £4.2m, off a record 49%
Read more10 Jun 2015 12:24
1pm up nearly 18% after saying full-year profit and revenue will be ahead of expectations
Shares in the asset finance company 1pm jumped nearly 18% on Wednesday after the company said its full-year results will be ahead of market expectations. The group expects revenues and profits to be ahead of forecasts thanks to strong demand for finance from SMEs, and lower costs. It said its asset
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