MANX FINANCIAL GROUP PLC (MFX) — FY Results

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the MANX FINANCIAL GROUP PLC investor presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged and could be submitted at any time via 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 it receives during the meeting itself. However, the company can review all questions submitted today and publish responses where it's appropriate to do so. Before we begin, I'd like to submit the following poll. And I'd now like to hand you over to Douglas Grant, CEO. Good morning, sir. Thank you, Lily. Good morning, everyone. My name is Douglas Grant. With me today is the group finance director, James Smead. It's our pleasure to talk you talk you through the 2025 annual results. As always, there's a a disclaimer. I'm sure you've seen hundreds of these in the past, but, obviously, we need to show them. And then there's nothing unusual about it, so let's move forward beyond the disclaimer. MANX FINANCIAL GROUP is a diversified group of financial services companies, both in the in The UK and soon to the end of The Republic Of Ireland. These are the main operating companies and center to all this, the three largest circles here, Coneste Bank Limited, MANX Ventures Limited, and Payment Assist Limited. I'll talk about those three and probably the other drivers later on in this presentation. The key stats from the bottom left of the slide that I pull out is the total net asset value per share of 22.232, and the the high normalized return on total equity of 30.9 percent. As you can see, there is a couple of there is a bank or two bank licenses in this group, so the total capital ratio...