StockMarketWire.com - The AIM-quoted independent provider of asset finance facilities to the SME sector, 1pm plc [LON:OPM], announced record results with pre-tax profits up 77.8% to £775,000 for the year ended 31 May 2013. Revenues were up 34.5% to £3.1 million, earnings per share (EPS) up 70% to 0.0178p and the group raised £1.5 million equity capital raised through a share placing post the year-end.
On current trading and prospects, Chief Executive, Maria Hampton added: 'This is the sixth consecutive set of published results to show profit and revenue increases, and I am pleased to report that trading since the year end has remained buoyant.
'The Group is very well placed both strategically and financially to take further advantage of the significant growth opportunities which exist within the SME lease finance market. The Board anticipates further profitable growth in the current year.'
At 11:27am: [LON:OPM] share price was +0p at 0.22p
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