Business
Half Yearly Report
Half Yearly Report.
About this update from Frenkel Topping Group Plc
[{"type":"text","content":"\n \nRNS Number : 7547K Frenkel Topping Group PLC 21 July 2011 \n \n\nFrenkel Topping Group plc\n(\"Frenkel Topping\" or, together with its subsidiaries \"the Group\")\n \nFrenkel Topping provides specialist independent financial advice on the investment of personal injury damages and clinical negligence awards.\n \n \nInterim Results for the six months ended 30 June 2011\n \nHighlights\n \n· Groups revenue increased by 37% to £2.2m\n· Profit before tax up by 71% to £287k\n· Funds in the Investment Management Service increased by 29% to £389m\n· Group well placed for outcome of retail distribution review\n \n \n\n\n\n\n\n\n\n6 Months\n\n\n6 Months\n\n\nYear \n\n\n\n\n\n\n\nended \n30 June\n\n\nended\n30 June\n\n\nended \n31 December\n\n\n\n\n\n\n\n2011\nUnaudited\n\n\n2010\nUnaudited\n\n\n2010\nAudited\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRevenue\n\n\n£2,216,649\n\n\n£1,611,276\n\n\n£3,652,697\n\n\n\n\n \nGross Profit\n\n\n£1,215,544\n\n\n£833,381\n\n\n£2,140,444\n\n\n\n\n \nProfit from operations before share based compensation \n\n\n£309,660\n\n\n£205,480\n\n\n£733,355\n\n\n\n\n \nProfit before tax\n\n\n£287,053\n\n\n£168,296\n\n\n£647,213\n\n\n\n\n \nCash generated from/(used in) operations\n\n\n£121,196\n\n\n£(53,428)\n\n\n£394,861\n\n\n\n\n \nFunds in the Investment Management Service\n\n\n£389m\n\n\n£300m\n\n\n£356m\n\n\n\n\n \nRecurring Income\n\n\n£1.5m\n\n\n£1.1m\n\n\n£2.4m\n\n\n\n\n \nEarnings per ordinary share - basic \n\n\n0.28p\n\n\n0.14p\n\n\n0.64p\n\n\n\n\n \nEarnings per ordinary share - diluted \n\n\n0.26p\n\n\n0.14p\n\n\n0.60p\n\n\n\n\n \n \n \nFrenkel Topping Group Plc Richard Fraser\n &n...