Jarvis Securities (JIM)

Sector:

Financials

Index:

FTSE AIM All-Share

 475.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 513.00p
  • 52 Week Low: 435.00p
  • Currency: UK Pounds
  • Shares Issued: 10.92m
  • Volume: 1,595
  • Market Cap: £51.88m
  • RiskGrade: 67
  • Beta: 0.01

Revenue and profit rise in first half for Jarvis Securities

By Josh White

Date: Thursday 18 Jul 2019

LONDON (ShareCast) - (Sharecast News) - Jarvis Securities reported a 9% improvement in revenue in its half-year results on Thursday, to £0.43m.
The AIM-traded fim said its profit before tax was 15.2% higher year-on-year for the six months ended 30 June at £0.32m.

Cash under administration had decreased 1.8% compared to 30 June 2018.

"I am pleased to report that the excellent results from the second half of the last financial year have been repeated in the first half of this one," said chairman and chief executive officer Andrew Grant.

"In spite of continued challenging market conditions due to the political and economic uncertainty we are experiencing, the restructuring of our tariff that was implemented in June 2018 demonstrates that we can still produce strong financial results under such conditions."

Grant said that, while he anticipated market volumes to remain at the lower end of the spectrum in the near term, those conditions could not prevail indefinitely and once market volumes returned to a more normal level, he believed the company was well-positioned to capture financial benefits.

"Jarvis remains a highly cash generative, well capitalised business with no debt financing, which enables us to support out quarterly dividend policy."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

JIM Market Data

Currency UK Pounds
Share Price 475.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 513.00p
52 Week Low 435.00p
Volume 1,595
Shares Issued 10.92m
Market Cap £51.88m
Beta 0.01
RiskGrade 67

JIM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
36.82% above the market average36.82% above the market average36.82% above the market average36.82% above the market average36.82% above the market average
7.35% below the sector average7.35% below the sector average7.35% below the sector average7.35% below the sector average7.35% below the sector average
Price Trend
12.25% below the market average12.25% below the market average12.25% below the market average12.25% below the market average12.25% below the market average
12.33% above the sector average12.33% above the sector average12.33% above the sector average12.33% above the sector average12.33% above the sector average
Income
67.79% above the market average67.79% above the market average67.79% above the market average67.79% above the market average67.79% above the market average
38.27% above the sector average38.27% above the sector average38.27% above the sector average38.27% above the sector average38.27% above the sector average
Growth
25.87% below the market average25.87% below the market average25.87% below the market average25.87% below the market average25.87% below the market average
61.98% below the sector average61.98% below the sector average61.98% below the sector average61.98% below the sector average61.98% below the sector average

JIM Dividends

  Latest Previous
  Special 4th Interim
Ex-Div 26-Sep-19 14-Nov-19
Paid 22-Oct-19 05-Dec-19
Amount 15.00p 7.25p

Trades for 22-Nov-2019

Time Volume / Share Price
15:54 426 @ 476.70p
13:08 1,046 @ 476.70p
11:55 123 @ 476.70p
10:36 2,100 @ 476.70p

JIM Key Personnel

Finance Director Jolyon Christopher Head

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