5th Nov 2020 16:13
Frontier IP Group PLC - intellectual property commercialisation firm - Pretax profit for financial year to June 30 rises to GBP4.2 million from GBP2.4 million the year before, boosted as net unrealised profit on the revaluation of investments increases 55% to GBP6.0 million.
Fair value of portfolio increases 47% to GBP19.4 million.
"We are well positioned despite the possible virus-related market and political headwinds and are confident that the year to come will build on the success we have enjoyed over the previous years of consistent growth and, despite these challenges, will be as successful as the year just passed," says Chief Executive Neil Crabb.
Current stock price: 67.00 pence
Year-to-date change: up 1.5%
By Lucy Heming;Â [email protected]
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