1pm plc, the AIM listed independent specialist provider of finance facilities to the SME sector, is pleased to provide the following trading update ahead of its interim results for the six-month period ended on 30 November 2017 (the “Interim Results”), which will be announced during the week commencing 15th January 2018.
The Interim Results will demonstrate the success of the Group’s buy-and-build strategy that has been a cornerstone of its development during the last two years and will, for the first time, consolidate the results of all the entities acquired in 2017, namely Gener8 Finance, Positive Cashflow Finance, Intelligent Financing and Bell Finance.
The Interim Results will:
• record revenue of approximately £13.8m, an increase of 73% compared with £8.0m in the comparable prior year period