The Centaur Media Board is proposing a final dividend of 0.5p per share, a total of 1p per share for the 2021 financial year. This is in line with their dividend policy to distribute 40% of adjusted earnings after taxation, subject to a minimum of 1p per share.
Other financial highlights include:
Revenues increased 21% to £39.1m
Adjusted EBITDA grew 68% to £6.4m with margin growing to 16% in line with MAP23 strategy
Group statutory profit of £1.4m
Net cash of £13.1m at year end, driven by EBITDA growth and cash conversion of 164%
Revenue from outside UK grew to 37% of total - up from 31% in 2020