IN BRIEF: Marechale Capital swings to annual loss as asset value slips
22nd Aug 2023 11:52
Marechale Capital PLC - London-based corporate finance - Swings to pretax loss of GBP425,516 in the financial year that ended April 30 from a profit of GBP2.6 million the year before. Revenue declines to GBP375,726 from GBP621,573. More importantly, Marechale booked GBP2.7 million in unrealised investment gains in financial 2022, which isn't repeated in financial 2023. The balance sheet stands at GBP3.2 million on April 30, down 11% from GBP3.6 million a year before. Net asset value per share is 3.4 pence, down 11% from 3.8p. Read More