Braveheart Investment Group PLC - Dodworth, England-based investment company - In the financial year to March 31 swings to pretax loss of £8.2 million from profit of £2.4 million a year prior. This includes an impairment charge of £4.9 million on investments compared with nil in the prior year. Also takes impairment charge of loans in investment companies of £1.6 million compared with nil before. Loss per share is 11.38 pence compared with earnings per share of 2.68p. During the year Braveheart wrote down the investments in Paraytec Ltd and Kirkstall Ltd. Believes that, with time, Paraytec and Kirkstall could have the potential to increase in value and thereby provide exit opportunities.

Current stock price: 4.71 pence

12-month change: down 68%

Copyright 2024 Alliance News Ltd. All Rights Reserved.