Marechale Capital (MAC)

Sector:

Financials

Index:

FTSE AIM All-Share

 0.90p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.00
  • 52 Week Low: 0.68
  • Currency: UK Pounds
  • Shares Issued: 57.68m
  • Volume: 1,104,257
  • Market Cap: £0.52m

Marechale Capital reports full year loss on drop in revenue

By Renae Dyer

Date: Monday 25 Jul 2016

LONDON (ShareCast) - (ShareCast News) - Marechale Capital on Monday reported an annual loss on lower revenues, reflecting difficulty in completing deals.
The investment banking and corporate finance business said its loss before tax came to £91,092 in the year to 31 March 2016, down from a pre-tax profit of £150,176 the prior year. Revenue dropped to £741,680 from £965,322.

The company said this year around £90,000 worth of commission revenue on contracts was received post-period in April, even though the related work took place before 31 March. A £91,000 loss for the year was incurred as a result.

"In past years the slippage had been modest and the directors took the 'swings and roundabouts' view: however, following this year's slippage, the directors have determined to seek Shareholder approval to move the company's year-end to 30 April from 2017 onwards," said Marechale chairman Mark Warde-Norbury.

He added that directors have received shareholder approval for a capital reorganisation that will be necessary before dividends can be paid. The group will be able to pay dividends in due course once it changes its Articles of Association and receives shareholder and court approval "when circumstances permit", Warde-Norbury said.

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MAC Market Data

Currency UK Pounds
Share Price 0.90p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.00
52 Week Low 0.68
Volume 1,104,257
Shares Issued 57.68m
Market Cap £0.52m

MAC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.66% below the market average16.66% below the market average16.66% below the market average16.66% below the market average16.66% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average
Price Trend
41.54% above the market average41.54% above the market average41.54% above the market average41.54% above the market average41.54% above the market average
44.06% above the sector average44.06% above the sector average44.06% above the sector average44.06% above the sector average44.06% above the sector average
Income Not Available
Growth
58.34% below the market average58.34% below the market average58.34% below the market average58.34% below the market average58.34% below the market average
66.39% below the sector average66.39% below the sector average66.39% below the sector average66.39% below the sector average66.39% below the sector average

MAC Dividends

No dividends found

Trades for 01-Jul-2020

Time Volume / Share Price
15:08 493,006 @ 0.86p
15:08 500,000 @ 0.85p
11:43 111,251 @ 0.86p

MAC Key Personnel

CEO Patrick Booth-Clibborn

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