Business
Interim Results
Jarvis Securities plc reported interim results for the six months ended 31 December 2025, showing a significant decrease in revenue to £1,586,257 from £6,247,800 in the prior year, alongside a substantial increase in loss before tax to £7,367,910 compared to a loss of £422,076 previously. Despite this, basic earnings per share improved to 12.27p from (0.69)p. The company continues to wind down its operations following the sale of its retail execution business, with proceeds from this sale included in the results. The group is focused on an efficient wind-down and intends to seek cancellation of its AIM admission, with any remaining distributable reserves to be returned to shareholders. The company's cash and cash equivalents stood at £10,541,754 as of 31 December 2025. Disclaimer*
About this update from Jarvis Securities Plc
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. Jarvis Securities ("Jarvis", the "Company" or the "Group") Interim Results for the Six Months Ended 31 December 2025 Chairman's statement · £4,661,543 (74.6%) decrease in revenue (excluding exceptional revenue) versus six months to 31 December 2024 · £3,006,913 (712.40%) increase in loss before tax (excluding exceptional revenue) versus six months to 31 December 2024 · EPS increased to 12.27p (six months to 31 December 2024: (0.69)p) Following the change to the accounting reference date of the Company to 30 June, Jarvis Securities plc ("Jarvis") announces its unaudited interim results for the six months ended 31 December 2025. Further to the Financial Statements to 30th June 2025, Jarvis Investment Management Limited ("JIML"), the firm's solely owned trading subsidiary, continues to wind-down its remaining business following the sale of its retail execution business, which completed on 7th July 2025. The proceeds from this sale are included within these Interim results, including the deferred consideration payments of £1m in July 2026 and £1m in January 2027, discounted to present value. Due to the continued reduction in client money held by JIML as it progresses through wind-down, Group interest income has fallen and is expected to continue to do so. JIML remains restricted from paying up any dividend to JSP under the conditions of the Voluntary Agreed restrictions (VReQ) with the FCA (see announcement dated 16th September 2022). The Board of Jarvis will however continue to review on a quarterly basis its ability to pay dividends to its Shareholders from cash and reserves within. Outlook The Group remains committed to completing an effective and efficient wind down over the coming months. It is still the intention of the Directors to seek cancellation of the Company's...
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