FEW HIGHLIGHTS OF LAST RNS3 Dec 2021 18:11
Therefore, the total unaudited value of our unconsolidated investment portfolio as at 30 September 2021 is £4,425,000 (31 March 2021: £820,000). This uplift is largely due to the increase in the investment value of PhaseFocus Holdings Limited. As at 30 September 2020, the comparable total valuation of our investments was £2,396,000.
The Group reports a profit before tax for the period under review of £2,533,000 (2020: profit of £402,000). This equates to earnings per share of 4.85 pence (2020: 1.21 pence).
The Group made two new strategic investments during the period; Autins Group Plc and Velocity Composites Plc. The Directors believe that the Strategic Investments continue to be the most likely drivers of growth in shareholder value over the remainder of the current year and so have concentrated the remainder of this CEO Statement on their operations and prospects.
Dividend
Whilst we are not paying an interim dividend this year, the Directors will give consideration to the payment of a final dividend when the full year financial results are known.