Duke Capital reports interim results, steady growth in recurring revenue

Duke Capital Limited (LON: DUKE), a leading provider of hybrid capital solutions for SME business owners in Europe and North America, has announced its interim results for the six-months ended 30 September 2024.

Financial Highlights

·        Recurring cash revenue* totalled £12.7 million, an increase of 4% on Interim 2024 (£12.2 million)

·        Total cash revenue of £13.5 million, down 4% from the prior period (Interim 2024: £14.1 million)

·        Free cash flow** of £5.9 million, down 26% from Interim 2024 (£7.9 million) – fewer investment exits delivered in the current period compared to Interim 2024

·        Cash dividends of 1.40 pence per share paid to shareholders (Interim 2024: 1.40 pence per share)

Operational Highlights

·        Deployed over £15 million of capital into existing Capital Partners

·        Completed a £23.5 million fundraise post period end to support portfolio M&A and progress Duke’s third party, non-dilutive funding strategy to accelerate scale

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Duke Capital plc

More articles like this

Duke Capital plc

UK businesses navigate growth opportunities in 2025

In 2025, UK businesses face economic shifts and opportunities. Explore trends in financing, sustainability, and labour costs shaping the landscape. Duke Capital Limited stands ready to support SMEs through flexible capital solutions.

Duke Capital plc

Insights show SME optimism and growth potential

The latest findings from Swoop’s annual SME survey paint a promising picture for small business owners, showcasing an unexpected surge in confidence despite the pressures of the current economic climate. These insights, drawn from the perspectives

Hardman & Co

Duke Capital: Equity raise and Growth plans (LON:DUKE)

Duke Capital (LON:DUKE) is the topic of conversation when Hardman & Co’s Analyst Mark Thomas caught up with DirectorsTalk for an exclusive interview. Q1: You called your recent piece ‘Taking Duke Capital to the next level’,

Duke Capital plc

Duke Capital raises over £23m in successful fundraising

Duke Capital Ltd, a Guernsey-based company specialising in providing capital solutions to small and medium-sized businesses across Europe and North America, announced a fundraising total of £23.5 million. This result surpassed its initial minimum target of