In line with their progressive dividend policy to reflect the cash generation and earnings of Cake Box Holdings, today are declaring an interim dividend of 2.5 pence per share representing an increase of 35.1% from last year.
The interim dividend will be paid on 10th December 2021 to those shareholders on the register at the close of business on 19th November 2021. The ex-dividend date is therefore 18th November 2021.
Other financial highlights include:
Strong growth across all financial metrics
For the four months to 30 September 2021, when the full store estate had reopened in FY21:
o Revenues up 50.5% to £11.2m (four months to 30 September 2020: £7.4m)
o Gross profit up 48.0% to £5.5m (four months to 30 September 2020: £3.7m)
o Pre-tax profit up 56.7% to £2.6m (four months to 30 September 2020: £1.65m)
Balance sheet and cash generation remain strong
o Cash from operations of £2.4m (H1 FY21: £2.0m)
o £4.15m net cash (H1 FY21: £3.80m)
