highlights19 Nov 2015 13:50
HIGHLIGHTS
Group revenues increased by 22% to £13.3m (2014: £10.9m)
Gross profit (net revenues) increased by 20% to £8.9m (2014: £7.4m)
Increase in FSCS Levy charged to income for the period to £402,000 (2014 restated: £310,000) being a full year's cost taken completely in the first half year under IFRIC21
Profit before taxation up five-fold to £589,000 (2014 restated: £115,000)
Interim dividend increased by 9% to 0.58p per share (2014: 0.53p per share)
Fee and non-broking income now 60% of total income (2014: 57%), reflecting the strategy to reduce reliance on transaction-driven commission revenue
? Total Assets under Management and Administration (AUMA) increased by 22% to £3.9 billion (30 Sep 2014: £3.2 billion; 31 Mar 2015: £3.8 billion)
Discretionary and Advisory Assets under Management represent £2.1 billion (30 September 2014: £1.6 billion), an increase of 31%