Cenkos Securities PLC (AIM:CNKS)' CEO Julian Morse talks to Proactive London's Katie Pilbeam about their strong start to the current year as it unveiled 2021 results that showed robust growth across all its key financial metrics.
The firm posted a 47% increase in underlying profits to £5.9mln on revenues of £37.2mln, up 18% year-on-year. With cash of £33.5mln as at December 31, Cenkos can more than afford its 4.25p a share full-year dividend payment, an increase of more than a fifth on the 2020 pay-out.
Cenkos' performance was driven by an increase in transactions, with its teams completing 34 in the period, raising over £1.2bn for clients.