Investment Firms
| 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 | Total Dividend | 3.60p | 4.10p | 4.40p | 4.40p | n/a |
|---|
| £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
| Income Statement | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Turnover | 5.98 | 4.31 | 5.37 | 1.54 | 0.86 |
| Operating Profit/(Loss) | 4.32 | 2.56 | 3.55 | (0.09) | (0.50) |
| Net Interest | n/a | n/a | n/a | n/a | n/a |
| Profit Before Tax | 4.32 | 2.56 | 3.55 | (0.09) | (0.50) |
| Profit After Tax | 3.54 | 1.98 | 3.08 | (0.09) | (0.50) |
| Total Dividend Paid | n/a | n/a | n/a | n/a | n/a |
| Retained Profit/(Loss) for the Financial Year | 3.54 | 1.98 | 3.08 | (0.09) | (0.50) |
| Earnings per Share - Basic | 1.20p | 0.70p | 1.30p | (0.100p) | (0.20p) |
| Earnings per Share - Diluted | 1.20p | 0.70p | 1.30p | (0.100p) | (0.20p) |
| Earnings per Share - Adjusted | 1.20p | 0.70p | 1.30p | (0.100p) | (0.20p) |
| Dividend per Share | 3.60p | 4.10p | 4.40p | 4.50p | 4.50p |
| £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | £ (Millions) | |
| Balance Sheet | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Fixed Assets | |||||
| Intangible Assets | n/a | n/a | n/a | n/a | 167.01 |
| Tangible Assets | n/a | n/a | n/a | n/a | n/a |
| Fixed Investments | 158.16 | 166.58 | 171.35 | 169.77 | n/a |
| 158.16 | 166.58 | 171.35 | 169.77 | 167.01 | |
| Current Assets | |||||
| Stocks | n/a | n/a | n/a | n/a | n/a |
| Debtors | 2.88 | 3.68 | 3.51 | 3.04 | 1.67 |
| Cash at Bank & in Hand | 55.17 | 55.92 | 46.20 | 19.52 | 17.52 |
| Other Current Assets | n/a | n/a | n/a | n/a | n/a |
| Other Assets | n/a | n/a | n/a | n/a | n/a |
| Total Assets | 216.21 | 226.18 | 221.06 | 192.34 | 186.20 |
| Liabilities | |||||
| Creditors: Amount Due Within 1 Year | 2.16 | 3.31 | 1.94 | 0.61 | 0.75 |
| Net Current Assets | 55.89 | 56.29 | 47.77 | 21.95 | 18.44 |
| Creditors: Amount Due Over 1 Year | n/a | n/a | n/a | n/a | 0.30 |
| Provisions for Liabilities & Charges | n/a | n/a | n/a | n/a | n/a |
| Other Liabilities | n/a | n/a | n/a | n/a | n/a |
| Total Liabilities | 2.16 | 3.31 | 1.94 | 0.61 | 1.05 |
| Net Assets | 214.05 | 222.86 | 219.12 | 191.73 | 185.15 |
| Capital & Reserves | |||||
| Called Up Share Capital | 2.99 | 2.72 | 2.55 | 2.19 | 2.06 |
| Share Premium Account | 48.98 | 19.58 | 92.77 | 56.38 | 34.95 |
| Other Reserves | 162.08 | 200.57 | 53.31 | 65.50 | 148.14 |
| Profit & Loss Account | n/a | n/a | 70.49 | 67.66 | n/a |
| Shareholders Funds | 214.05 | 222.86 | 219.12 | 191.73 | 185.15 |
| Minority Interests | n/a | n/a | n/a | n/a | n/a |
| Capital Employed | 214.05 | 222.86 | 219.12 | 191.73 | 185.15 |
| Cash Flow | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| Net Cash Flow From Operating Activities | (1.82) | (0.96) | 0.57 | (2.78) | (2.71) |
| Returns On Investment & Servicing of Finance | n/a | n/a | n/a | n/a | n/a |
| Taxation Paid | n/a | n/a | n/a | n/a | n/a |
| Capital Expenditure | 9.90 | 27.28 | 15.39 | 11.14 | 7.70 |
| Acquisitions & Disposals | n/a | n/a | n/a | n/a | n/a |
| Equity Dividends Paid | (26.02) | (25.19) | (16.48) | (15.18) | (6.15) |
| Management of Liquid Resources | n/a | n/a | n/a | n/a | n/a |
| Financing | 17.19 | 8.59 | 27.19 | 8.82 | (0.25) |
| Net Increase/Decrease In Cash | (0.75) | 9.72 | 26.67 | 2.00 | (1.42) |
| Ratios | 31-Dec-25 | 31-Dec-24 | 31-Dec-23 | 31-Dec-22 | 31-Dec-21 |
| PE Ratio | 54.6 | 105.0 | 60.4 | n/a | n/a |
| PEG | 0.8 | n/a | n/a | n/a | n/a |
| EPS Growth | 71% | -46% | n/a | n/a | n/a |
| Dividend Yield | 5.5% | 5.6% | 5.6% | 5.9% | 5.9% |
| Dividend Cover | 0.33 | 0.17 | 0.30 | (0.02) | (0.04) |
| Dividend per Share Growth | (12.20%) | (6.82%) | (2.22%) | n/a | 21.62% |
| Operating Cashflow Per Share | (0.52p) | (0.27p) | 0.16p | (0.79p) | (0.77p) |
| Pre-tax Profit per Share | 1.23p | 0.73p | 1.01p | (0.027p) | (0.14p) |
| Cash Increase / Decrease per Share | (0.21p) | 2.77p | 7.62p | 0.57p | (0.41p) |
| Turnover per Share | 1.71p | 1.23p | 1.53p | 0.44p | 0.24p |
| Net Asset Value per Share | 61.10p | 63.62p | 62.55p | 54.73p | 5.18p |
| Operating Margin | 72.34% | 59.41% | 66.10% | (6.05%) | (58.39%) |
| ROCE | n/a | n/a | n/a | n/a | n/a |
| Net Gearing | n/a | n/a | n/a | n/a | n/a |
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