14 April 2015
Inspired Capital plc
("Inspired" or the "Company")
Notice of Results
Inspired Capital plc, (AIM: INSC), a leading provider of customer-focused financial solutions to SMEs confirms that its preliminary results for the year ended 31 December 2014 will be announced on Friday 17 April 2015.
The Board is pleased to report that unaudited revenues were in line with expectations at approximately £16.2 million. The Company made an unaudited trading profit* of £3.1 million and incurred a small loss before tax of approximately £0.5 million post reinvesting in the business in accordance with the Group's strategy. Cash was approximately £10.4 million.
The Company is in discussions with its auditors around the finalisation of the audit of the 2014 financial statements including the accounting treatment of the Ultimate Finance Group plc acquisition in 2013. However, management does not expect the final audited results for 2014 to be materially different from the unaudited figures above.
*Trading profit is profit before Group costs, reorganisation costs, amortisation and tax
-Ends-
Inspired Matt Cooper, Chairman Brian Cole, Chief Executive Officer David Blain, Chief Financial Officer
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via Newgate
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Cenkos Securities Max Hartley (Corporate Finance) Julian Morse (Sales) Oliver Baxendale (Sales)
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+44 (0) 20 7397 8900 |
Newgate Tim Thompson Jasper Randall Andre Hamlyn
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+44 (0) 20 7653 9850 |
About Inspired Capital plc
Inspired Capital is building by organic growth and acquisition a new customer-friendly force in SME lending by deploying long term capital. There is an opportunity to grow considerably in an underserved sector, with SMEs traditionally finding credit difficult to access from the major clearing banks that often focus on the security and stability of retail and larger corporate lending.
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