Tuesday, DataCash Group Plc's (DATA.L) half-year pre-tax profit slid to £2.67 million from £3.16 million a year ago. However, adjusted pre-tax profits, excluding goodwill amortisation and impairment and foreign exchange gains on deferred consideration, increased to £7.52 million from £6.15 million last year. Profit on ordinary activities after taxation for the period declined to £1.49 million from £1.54 million in the 2008 period. By contrary, adjusted profit for the period increased to £5.42 million from £3.69 million in 2008.
Half-yearly earnings per share were down to 1.60 pence from 1.67 pence, while adjusted earnings per share increased to 5.84 pence from 3.99 pence in the comparable period.
Revenues for the six-month period rose to £18.01 million from £12.23 million in the year earlier period. The Board also announced an increase of 25% in the interim dividend to 0.5 pence per share, payable on 20 November 2009 to those shareholders on the register on 23 October 2009.
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