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VSA Capital Group PLC - London-based investment banking and broking firm - Reports a rise in pretax profit for its year ended 31 March to £280,760 from £68,374 the prior year. Revenue rises 22% to £4.4 million from £3.6 million. Operating profit shoots up to £1.1 million from £510,145 the prior year. The company declares no dividend for its financial year.
‘We expect to report a loss at the interim stage. This is due to our year end being March and as the three quietest months in our industry - April, July and August - all fall in our first half,’ said Chief Executive Officer Andrew Monk.
Current stock price: 9.50 pence in London on Monday afternoon
12-month change: down 53% from August 2, 2022
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