Final Results
April 27 2006 - 3:31AM
UK Regulatory
1
Stockcube Plc ("Stockcube" or "the Company")
Preliminary Results for the year ended 31 December 2005
Highlights
2005 2004
�000 �000
Turnover 2,420 2,430
Profit before tax, impairment and amortisation of 433 230
goodwill
Profit before tax 251 201
Profit after tax 164 156
Earnings before impairment - pence per share 0.33p 0.16p
Earnings - pence per share 0.17p 0.16p
* Group turnover slightly down on last year.
* Profit before tax, impairment and amortisation of goodwill up 88% to �433,000.
* Profit before tax up 25% to �251,000.
* All elements of business show satisfactory performances.
* Strong balance sheet with net assets of 4.5p per share, of which 4.0p is cash and short-term
deposits.
* Earnings per share before impairment up 106% to 0.33p and after impairment up 6% to 0.17p.
* Dividend (proposed) increased by 50% to 0.075 pence per share.
Julian Burney, Chief Executive Officer, said:
"We have made considerable advances in all aspects of our business during 2005, which are reflected
in our profit before impairment and goodwill but not yet reflected in reported turnover. However,
attention to cost control and cost efficiencies has enabled us to report an increase of 88% in
profit before tax and impairment and goodwill and an increase of 94% in earnings per share before
impairment.
"During the year we upgraded our specialist hedge fund services which ,together with favourable
regulatory change, gives us great confidence in our professional consultancy. We have capacity to
expand this business without significant additional cost. Our institutional services team is maturing
nicely; our analytical expertise and client relationships are now more widely distributed within our
business than at any other time.
"We have also been greatly encouraged by the growth in numbers of subscribers for our wider market
services and in the revenues arising from our business-to-business relationships with third party
stockbrokers for whom we contribute an integral component of their own research.
"Our technology business, Ecube, is building very good foundations in the financial services sector
combining bespoke functionality with Stockcube's technical research and analysis."
For further information:
Stockcube Julian Burney 020-7352-4001
Corporate Synergy Katie Ratner/David Seal/Luke Ahern 020-7448-4430
Chairman's Statement
Introduction
We continued our progress to establish Stockcube as a leading provider of financial research and
analysis for global investors.
Financial review
Tur
Stockcube (LSE:SKC)
Historical Stock Chart
From Sep 2024 to Oct 2024
Stockcube (LSE:SKC)
Historical Stock Chart
From Oct 2023 to Oct 2024