Business
Final Results for the year ended 31 March 2017
Final Results for the year ended 31 March 2017.
About this update from Truetide Plc
[{"type":"text","content":"\n \nRNS Number : 6578I Braveheart Investment Group plc 21 June 2017 \n\n21 June 2017\nBraveheart Investment Group plc\n('Braveheart', the 'Company' or the 'Group')\nFinal Results for the year ended 31 March 2017\nNotice of AGM\n \nBraveheart Investment Group plc today announces its audited annual results for the financial year ended 31 March 2017, highlights of which are set out below.\nHighlights\n· Profit of £780,000;\n· Basic earnings per share of 2.88 pence; \n· Revenue of £1,154,000;\n· Cash at bank of £1,421,000 as at 31 March 2017;\n· Continuation of investment strategy with further investment in Kirkstall Ltd and Paraytec Ltd and the purchase of a 40% holding in Gyrometric Systems Ltd\n \nFurther information:\nBraveheart Investment Group plc\nTrevor Brown, Chief Executive Tel: +44 1738 587555\nAllenby Capital Limited (Nominated Adviser and Broker to Braveheart)\nDavid Worlidge / James Thomas Tel: +44 20 3328 5656\n \n\n\n \nCHIEF EXECUTIVE OFFICER'S REPORT\nI am pleased to report to shareholders for the 12 months ended 31 March 2017.\n \nOverview\nIn the interim report, the Company reported unaudited revenues of £562,000 in the six months ended 30 September 2016, generating an unaudited profit after tax of £475,000 and earnings per share of 1.67 pence. The Directors are pleased to report that Group performance continued strongly to the year end with revenues of £1,154,000 generating a profit after tax of £780,000 and earnings per share of 2.88 pence.\nThroughout the course of the year the board has been firmly focussed on deploying s...