Chief executive’s statement
We are managing the challenges the coronavirus presents. We remain confident in the long-term prospects for the Group.
Neil Crabb, Chief executive
Frontier IP ‘in strong position’ and working closely with portfolio companies to mitigate new risks
Frontier IP Group PLC’s (LON:FIPP) Neil Crabb speaks to Proactive London’s Andrew Scott to discuss how the Intellectual property specialist’s portfolio companies are adapting to the new virus threat.
Financial highlights
Frontier IP has consistently delivered strong results year-on-year. Here are the latest for the full year to June 2019.
£13,252,000
Fair value of our portfolio increased by 47%
2018: £9,041,000
£2,350,000
Profit before tax increased by 160%
2018: £902,000
£4,268,000
Total revenue increased by 81%
2018: £2,363,000
£3,850,000
Unrealised profit on the revaluation of investments
2018: £2,064,000
5.77p
Basic earnings per share
2018: 2.36p
£1,466,000
Cash balances at 30 June 2019
2018: £1,111,000
£418,000
Revenue from services increased by 40%
2018: £299,000
41.4p
Net assets per share
2018: 33.2p
