Fiske plc ( (GB:FKE) ) has issued an update.
Fiske PLC reported a strong performance for the six months ending December 2024, with a 12% increase in revenues to £3.89 million and a 52% rise in operating profit to £294,000. The company’s assets under management and administration saw a modest increase, while investment management fees grew by 11%. Despite a rise in operating costs due to compliance and system upgrades, Fiske’s cash balance increased by 20%, and profit after tax more than doubled to £830,000. The company announced a 10% increase in its interim dividend, reflecting its improved financial position and sustainable income streams. Fiske’s holding in Euroclear continues to be a significant asset, contributing substantial dividend income.
More about Fiske plc
Fiske PLC operates in the financial services industry, focusing on investment management and advisory services. The company is listed on the AIM market of the London Stock Exchange and manages a range of assets under management and administration.
Average Trading Volume: 4,831
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £8.27M
For an in-depth examination of FKE stock, go to TipRanks’ Stock Analysis page.