Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksOPM.L Share News (OPM)

  • There is currently no data for OPM

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

1pm hikes pre-tax profit, announces first final dividend

Fri, 24th Jul 2015 14:15

(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% increase in new business to a record £16.1m, from £10.8m.1pm's proposed maiden dividend was 0.35p per share.Chief executive Maria Lewis said the result exceeded market expectations and the board was confident new business would continue to increase over the next year."The board remains focussed both on organic growth, including the introduction of new financial products, and potential merger and acquisition opportunities as they arise," Lewis said in a statement.Shares in 1pm were down 2.64% to 68.15p at 1302 BST.
More News
14 Jun 2011 12:06

London midday: China reassurance boosts FTSE 100

Stocks have moved higher, helped by some reassuring economic figures from China. Chinese industrial production rose by 13.3% in May, assuaging some observers' fears that economic expansion in the fast-growing country could slow. The excitement is in the FTSE 250 today, with Avis Europe soaring on

Read more
14 Jun 2011 09:23

SME demand to lift 1pm to profit

AIM-listed asset finance provider to small and medium enterprise (SMEs) 1pm moved up more than 25% after saying it will announce a return to profitability for the full year following improved trading. Turnover for the year ending 31 May 2011 is expected to be £1.90m, which is 43% ahead of last year

Read more
14 Jun 2011 08:32

London open: Shares rise as Avis takeover stokes M&A excitement

London's leading share index is posting strong decent growth this morning in contrast to recent sluggishness, but the excitement is in the FTSE 250 with Avis Europe soaring on news the Avis car hire brand is set to return to single ownership after US operator Avis Budget launched an agreed bid. Avi

Read more
17 Dec 2010 10:45

Small caps round-up: 1pm, ECDC, Hot Tuna...

1pm, the specialist provider of lease asset finance to small and medium sized businesses, grew its lease portfolio by 43% in the half year ended November - which now stands at £9.2m - due to an increase in new business levels. The group also noted a return to profitability, reporting a pre-tax pro

Read more
15 Sep 2010 11:42

Small caps round-up: ILA, Indus Gas, Minera...

ILA, which makes personal alarms for women, has won two big orders, one from the department store House of Fraser and one from the Canadian book retailer Indigo Books. But the shares are down nearly 9%. Losses widened at Indus Gas in the year to March 31, but the India-focused oil and gas group has

Read more
20 Jan 2010 13:10

Small caps round-up: ING Real, Intellego, Oxford Intruments...

ING UK Real Estate Income Trust will repay £15m of debt through the purchase and cancellation of loan notes at a discount to nominal value in two separate transactions. The transaction will result in a one off gain to NAV expected to be in the order of £680,000, and will also save over £719,000 per

Read more

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.