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Hardman & Co Research on The International Stock Exchange (TISE): Very strong full-year performance

Hardman & Co Research
Hardman & Co Research on The International Stock Exchange (TISE): Very strong full-year performance

04-Apr-2024 / 16:46 GMT/BST
The issuer is solely responsible for the content of this announcement.


Hardman & Co Research on The International Stock Exchange (TISE):

Very strong full-year performance

 

The International Stock Exchange (TISE) had a very good year in 2023, with revenue up 9% to £10.8m and fully diluted EPS +18% to 170p, against a continued backdrop of subdued financial markets. Both figures were marginally ahead of our expectations. The performance, once again, demonstrates the resilience of the business with the strength of the repeating annual listing fees; since 2020, it has now paid out more in dividends than its then share price (650p). Our forecasts are largely unchanged, but we have raised our valuation range and added some 2025 projections. 

 

Please click on the link below for the full report:

https://hardmanandco.com/research/corporate-research/tise-very-strong-full-year-performance/

 

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To contact us:

Hardman & Co
9 Bonhill Street

London

EC2A 4DJ

 

www.hardmanandco.com

 

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Contact:

Jason Streets



 

 

js@hardmanandco.com

 

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About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1873733  04-Apr-2024 

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