Jarvis Securities (JIM)

Sector:

Financials

Index:

FTSE AIM All-Share

 575.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 592.50
  • 52 Week Low: 359.00
  • Currency: UK Pounds
  • Shares Issued: 10.94m
  • Volume: 1,385
  • Market Cap: £62.90m
  • RiskGrade: 149

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 575.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 592.50
52 Week Low 359.00
Volume 1,385
Shares Issued 10.94m
Market Cap £62.90m
RiskGrade 149

JIM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
51.48% below the market average51.48% below the market average51.48% below the market average51.48% below the market average51.48% below the market average
70.99% below the sector average70.99% below the sector average70.99% below the sector average70.99% below the sector average70.99% below the sector average
Price Trend
86.42% above the market average86.42% above the market average86.42% above the market average86.42% above the market average86.42% above the market average
84.51% above the sector average84.51% above the sector average84.51% above the sector average84.51% above the sector average84.51% above the sector average
Income
73.25% above the market average73.25% above the market average73.25% above the market average73.25% above the market average73.25% above the market average
37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average37.50% above the sector average
Growth
2.14% above the market average2.14% above the market average2.14% above the market average2.14% above the market average2.14% above the market average
35.59% below the sector average35.59% below the sector average35.59% below the sector average35.59% below the sector average35.59% below the sector average

JIM Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 21-May-20 20-Feb-20
Paid 11-Jun-20 12-Mar-20
Amount 11.00p 6.75p

Trades for 10-Jul-2020

Time Volume / Share Price
15:56 10 @ 583.70p
14:58 366 @ 583.70p
14:10 2 @ 568.55p
14:06 7 @ 568.55p
08:05 1,000 @ 583.70p

JIM Key Personnel

Finance Director Jolyon Christopher Head

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