FRENKEL TOPPING GROUP PLC (FEN) — Final results for the year ended 31 December 2022

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the FRENKEL TOPPING GROUP PLC Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and can be submitted at any time using the q and a tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question received during the meeting itself. However, the company will review all questions submitted today and publish responses where it is appropriate to do so. Before we begin, I would like to submit the following poll. And I would now like to hand you over to CEO, Richard Fraser. Good afternoon to you, sir. Good afternoon, Alex. Thank you, and good afternoon to everybody on the presentation. Just before we start, for those of you who are getting into the actual presentation of the results, for those of you who don't know the company, quick background. We originated in Manchester in 1979, over forty years ago as FENKEL TOPPING as chartered accountants. The business, the company was set up to provide litigation support to lawyers dealing with high value catastrophic cases. So these are at the top end, these are serious broken backs, broken necks, acquired brain injuries, wrongful births in the NHS. In 1989, we pioneered the use of something called a structured settlement, which I haven't got time to go on today, but basically it was a way of giving a claim of tax free income as part of their damages and the IFA business was born out of the back of that. And for the last thirty five to thirty three years, we spent our lives in the personal injury and clinical negligence space at the catastrophic end providing litigation support for lawyers. But ultimately, our goal is to get to the...