Alpha Group International plc, (AIM: ALPH), a provider of financial solutions, reported Wednesday that its fiscal 2023 profit before tax increased 148 percent to 115.9 million pounds from last year's restated 46.8 million pounds.
Basic earnings per share went up 124 percent to 206.2 pence from 92.1 pence a year ago.
Underlying profit before tax was 43 million pounds, compared to prior year's 38.6 million pounds. Underlying basic earnings per share were 76.7 pence, compared to 76.3 pence last year.
Group revenue increased 12 percent to 110.4 million pounds from prior year's 98.3 million pounds.
Further, the Board declared a final dividend of 12.3p per share, up from last year's 11.0p. Subject to shareholder approval, the final dividend will be payable to shareholders on the register at April 5, and will be paid on May 10.
This represents a total dividend for the year of 16.0p per share, higher than last year's 14.4p.
Looking ahead, the company said the year 2024 has started well, in line with expectations.
On March 20, the company said Dame Jayne-Anne Gadhia has been appointed to the board as Chair Designate, effective from the Company's AGM on May 1.
Clive Kahn, who has been Chair of the Company since 2016, will therefore not be seeking re-election at the Company's 2025 AGM, with Jayne-Anne remaining Chair Designate until the conclusion of Clive's term as Chair.
Lisa Gordon, Non-Executive Director, will also step down from the Board.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback: editorial@rttnews.com