Octagonal PLC – Half-year Report
Octagonal (AIM: OCT), announces its unaudited half-year results for the six months to 30 September 2019. These include the trading results for the Company’s principle trading subsidiary Global Investment Strategy UK Ltd (GIS) which are being announced along with the consolidated figures for the Group.
Summary of Octagonal PLC Financial highlights for the six months to 30 September 2019
· Unaudited revenues for the six months to 30 September 2019 were £3.4 million (“m”) (September 2018: £3.0m), the increase is partly due to providing further ancillary services to our clients around their existing activity
· Unaudited operating profit for the group for six months to 30 September 2019 was £1.12m (September 2018: £0.97m)
· Unaudited operating profit excluding costs associated with Synergis Capital PLC and GIS HK for the six months to 30 September 2019 was £1.4m (2018: £1.2m)
· Net Assets as at 30 September 2019 was £10.20m (September 2018: £9.20m)
· Group cash balance as at 30 September 2019 was £6.08m (September 2018: £5.72m)