VPC Specialty Lending Investments (VSL)

Sector:

Financials

15.00p
   
  • Change Today:
      0.15p
  • 52 Week High: 46.00
  • 52 Week Low: 14.40
  • Currency: UK Pounds
  • Shares Issued: 278.28m
  • Volume: 433,931
  • Market Cap: £41.74m
  • RiskGrade: 86

Dividend Data

  31-Dec-2431-Dec-2331-Dec-2231-Dec-2131-Dec-20
1st Interim1.89p2.00p2.00p2.00p2.00p
2nd Interim1.89p2.00p2.00p2.00p2.00p
3rd Interim1.34p2.00p2.00p2.00p2.00p
4th Interim1.06p2.00p2.00p2.00p2.00p
Total Dividend6.18p8.00p8.00p8.00p8.00p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
Revenue 21.54 39.11 41.34 37.58 41.25
Operating Profit/(Loss) 17.44 32.72 35.06 26.83 31.51
Net Interest 3.16 7.10 (7.05) (5.71) 7.61
Profit Before Tax 14.27 25.62 28.02 21.12 23.90
Profit After Tax 14.27 25.62 28.02 21.12 23.90
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 14.27 25.62 28.02 21.12 23.90
Attributable to:          
Equity Holders of Parent Company 14.27 25.62 28.02 21.12 23.90
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 5.13p 9.21p 10.07p 7.55p 8.08p
Earnings per Share - Diluted 5.13p 9.21p 10.07p 7.55p 8.08p
Earnings per Share - Adjusted 5.13p 9.21p 10.07p 7.55p 8.08p
Continuing and Discontinued EPS          
Earnings per Share - Basic 5.13p 9.21p 10.07p 7.55p 8.08p
Earnings per Share - Diluted 5.13p 9.21p 10.07p 7.55p 8.08p
Earnings per Share - Adjusted 5.13p 9.21p 10.07p 7.55p 8.08p
           
Dividend per Share 6.18p 8.00p 8.00p 8.00p 8.00p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties n/a n/a n/a n/a n/a
Investments 34.72 77.48 130.87 141.80 51.42
Other Financial Assets 119.98 163.11 221.31 281.41 298.88
Other Non-Current Assets n/a n/a n/a n/a n/a
  154.70 240.59 352.18 423.21 350.30
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 6.26 16.34 8.04 7.59 4.51
Cash at Bank & in Hand 8.30 6.56 15.54 6.30 6.42
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets n/a n/a n/a n/a n/a
  14.56 22.91 23.58 13.89 10.92
           
Other Assets 0.71 0.73 2.22 4.13 1.14
Total Assets 169.97 264.22 377.98 441.23 362.36
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities n/a n/a n/a n/a n/a
  n/a n/a n/a n/a n/a
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 22.13 38.02 94.67 107.27 86.09
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities n/a n/a n/a n/a n/a
  22.13 38.02 94.67 107.27 86.09
           
Other Liabilities 1.15 1.07 10.09 16.30 5.72
Total Liabilities 23.28 39.08 104.76 123.57 91.81
           
Net Assets 146.69 225.14 273.23 317.66 270.56
           
Capital & Reserves          
Share Capital 20.30 20.30 20.30 20.30 20.30
Share Premium Account 149.18 161.04 161.04 161.04 161.04
Other Reserves (46.98) 14.07 65.52 115.66 67.35
Retained Earnings 24.19 29.73 26.37 20.62 21.85
Shareholders Funds 146.69 225.14 273.23 317.61 270.54
           
Minority Interests/Other Equity n/a n/a n/a 0.05 0.02
Total Equity 146.69 225.14 273.23 317.66 270.56
Cash Flow 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 37.74 63.78 50.70 29.27 77.24
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities 11.86 16.95 (0.04) (19.08) (2.48)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (51.04) (82.85) (54.59) (10.66) (74.68)
Net Increase/Decrease In Cash (1.44) (2.13) (3.93) (0.46) 0.08
Ratios - based on IFRS 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Continuing Operations          
PE Ratio - Adjusted 5.4 7.2 8.3 12.2 9.7
PEG - Adjusted n/a n/a 0.3 n/a n/a
Earnings per Share Growth - Adjusted -44% -8% 33% -6% -0%
Dividend Cover 0.83 1.15 1.26 0.94 1.01
Revenue per Share 7.74p 14.05p 14.85p 0.14p 14.82p
Pre-Tax Profit per Share 5.13p 9.21p 10.07p 0.077p 8.59p
Operating Margin 80.97% 83.67% 84.83% 71.40% 76.37%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 5.4 7.2 8.3 1,209.1 9.7
PEG - Adjusted n/a n/a 0.0 n/a n/a
Earnings per Share Growth - Adjusted -44% -8% 13,106% -99% -0%
Dividend Cover 0.83 1.15 1.26 0.01 1.01
           
Dividend Yield 22.1% 12.1% 9.6% 8.7% 10.2%
Dividend per Share Growth (22.75%) n/a n/a n/a n/a
Operating Cash Flow per Share 13.56p 22.92p 18.22p 10.52p 27.75p
Cash Incr/Decr per Share (0.52p) (0.77p) (1.41p) n/a 0.028p
Net Asset Value per Share (exc. Intangibles) 52.71p 80.91p 98.19p 114.15p 97.23p
Net Gearing 9.43% 13.97% 28.96% 31.79% 29.45%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

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.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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