The Ramsdens Holdings Board is pleased to announce an interim dividend of 2.7 pence per share (HY21: nil pence per share). The dividend will be payable on 30 September 2022 to those shareholders on the register on 2 September 2022. The ex-dividend date will be 1 September 2022.
Other financial highlights include:
A strong performance as trading conditions started to normalise, with Profit Before Tax of £2.2m (HY21: £0.1m loss)
Gross revenue increased 51% to £29.3m (HY21: £19.3m)
Jewellery retail revenue up 62% to £13.1m (HY21: £8.1m). Online jewellery retail sales increased by 48% year on year to £2.0m (HY21: £1.3m) and now represent 15% of total jewellery sold
Pawnbroking loan book at the period end was £7.5m (HY21: £5.7m) as customers returned to normal spending habits and required short term cash flow assistance
Foreign currency exchange improved as international travel restrictions eased, driving a significant increase in gross profit to £3.4m (HY21: £1.0m)
Gross profit from the purchase of precious metals increased 34% to £3.1m (HY21: £2.3m)
Net Assets increased £2.1m to £37.6m (HY21: £35.5m)
