The Gattaca PLC Board proposes to pay a final dividend of 1.5 pence (2020: nil pence), amounting to £0.5 million in total. This will be paid on 17 December 2021 to shareholders on the register as at close of business on 12 November 2021. The ex-dividend date will be 11 November 2021.
Other financial highlights include:
Notwithstanding the significant impact of the pandemic on NFI, strong cost management resulted in continuing underlying PBT £3.2m (2020 restated: £4.8m) down 32% on year to 31 July 2020
Robust balance sheet:
O Group adjusted net cash position of £19.9m at 31 July 2021 (31 July 2020: £27.3m net cash). Reported net cash (including IFRS16 lease liabilities) was £14.1m (2020: £19.6m).
o Revolving credit facility ('RCF') repaid in full
o The Group is now covenant free
o£4.7m of deferred VAT repaid
