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Oberon Investments Group PLC on Tuesday reported a widened interim loss, despite revenue increasing, as it said it invested ‘significantly’ in new systems and tools. Oberon Investments is a London-based investment management, wealth planning and corporate broking group. Pretax loss almost doubled to £2.4 million for the six months ended September 30 from £1.2 million a year ago, despite revenue rising 14% to £5.4 million from £4.8 million. Outpacing the revenue increase, operating costs rose 31% to £7.8 million from £5.9 million. The company attributed this to investment in new teams, governance programmes and modernised systems. Finance costs multiplied to £16,000 from £4,000, and the group reported zero finance income compared to £23,000 a year ago, further weakening the bottom line. Oberon Investments said revenue was supported by growth across all its divisions, particularly in Investment Management where revenue grew 22% to £3.4 million from £2.8 million. Looking ahead, the company said it remains on track to achieve its target of 30% like-for-like growth for the year, after the first two months of trading since period end were noted as ‘encouraging’. ‘Beyond revenue growth, the real story of this half year is the transformation of our operating platform. We have invested significantly in automation, new finance systems, data-driven dashboards and enhanced reporting tools,’ Chief Executive Simon McGivern said. ‘Combined with the influx of new senior talent and the continued growth in our pipeline of prospective joiners, Oberon is better positioned than ever to accelerate growth and create long-term value,’ McGivern added. Shares in Aquis-listed Oberon Investments closed at 3.85 pence, which was unchanged, on Tuesday in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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