Jarvis Securities (JIM)

Sector:

Financials

Index:

FTSE AIM All-Share

 59.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 155.00
  • 52 Week Low: 46.50
  • Currency: UK Pounds
  • Shares Issued: 44.73m
  • Volume: 26,210
  • Market Cap: £26.61m
  • RiskGrade: 164

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 59.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 155.00
52 Week Low 46.50
Volume 26,210
Shares Issued 44.73m
Market Cap £26.61m
RiskGrade 164

JIM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
98.16% above the market average98.16% above the market average98.16% above the market average98.16% above the market average98.16% above the market average
98.20% above the sector average98.20% above the sector average98.20% above the sector average98.20% above the sector average98.20% above the sector average
Price Trend
55.39% below the market average55.39% below the market average55.39% below the market average55.39% below the market average55.39% below the market average
55.17% below the sector average55.17% below the sector average55.17% below the sector average55.17% below the sector average55.17% below the sector average
Income
82.72% above the market average82.72% above the market average82.72% above the market average82.72% above the market average82.72% above the market average
75.38% above the sector average75.38% above the sector average75.38% above the sector average75.38% above the sector average75.38% above the sector average
Growth
92.12% below the market average92.12% below the market average92.12% below the market average92.12% below the market average92.12% below the market average
86.54% below the sector average86.54% below the sector average86.54% below the sector average86.54% below the sector average86.54% below the sector average

JIM Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 16-May-24 22-Feb-24
Paid 11-Jun-24 19-Mar-24
Amount 1.50p 1.75p

Trades for 12-Jul-2024

Time Volume / Share Price
15:58 1,375 @ 59.64p
15:31 6,718 @ 59.64p
11:28 10,000 @ 59.64p
09:16 237 @ 59.64p
08:11 7,880 @ 59.64p

JIM Key Personnel

Finance Director Kieran Mark

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