Aeorema Communications Group Plc to propose a final dividend of 3 pence per share, reflecting the progress made in difficult markets and their confidence in the future. Subject to shareholder approval at the upcoming Annual General Meeting ("AGM"), the dividend will be paid on 20 January 2025, with a record date of 27 December 2024 and an ex-dividend date of 24 December 2024.
Other financial highlights include:
•Reported record revenue of £20.3m and a profit before tax ('PBT') of £437,000 for the financial year ending 30 June 2024 (FY2023: £20.2m and £1.0m respectively)
•Investments made in recent years have helped the Group respond to market shifts and strengthen client relationships.
•Expanded presence into Austin, Texas: a growing technology hub, targeting U.S. domestic events like SXSW.
•Maintained a strong cash position with £1.7m in the bank at the date of this announcement.
