Distribution Finance Cap... Share Discussion Threads

[aishah] 28/5/2024 09:19

p/b 0.55 and p/e 7. Mkt Cap £55m. Buyers today from the open. dyor

[aishah] 21/5/2024 14:20

Surge in volume today - seller cleared? P/B 0.49 and p/e 6.1, share price above 50d & 200d SMAs. Mkt cap £49m.
Small director buying in April. Decent shareholder register.

Full year results:
2023 Highlights
• Over threefold increase in pre-tax profit to £4.6m, an improvement of £3.3m on prior year (2022:
£1.3m)
• 10 consecutive quarters of loan book growth since receiving banking licence in September 2020
• New lending up 20% to a record £1.2bn (2022: £1.0bn); supported by a 26% increase in total
facilities to £1.0bn (2022: £0.8bn)
• Loan book up 32% to all-time high of £581m (2022: £439m), including £18m from new lending
products
• Added 330 new dealers, taking the net total dealers served to 1,182 (2022: 998) and supporting
89 manufacturers (2022: 90)
• Unlocked capital capacity for further loan book growth
• BBB ENABLE Guarantee extended to £250m with further £100m extension potential; obtained
£20m Tier 2 capital facility from British Business Investments
• Potential aggregate capital capacity provides option to deliver attractive loan book growth to in
excess of £800m, without the requirement for additional dilutive Tier 1 equity raise
• Scale improves returns: adjusted earnings per share increased to 1.8p (2022: 0.4p) and tangible net
asset value per share to 55.6p (2022:53.2p)

[rimau1] 07/5/2024 09:15

A large morning rise on a microcap and John09 setting up a new thread can only mean one thing, no need to have a subscription haha

[john09] 04/5/2024 13:07

!FOLLOWFEED

[scepticalinvestor] 18/3/2024 07:21

Excellent update

[ga_dti] 25/3/2021 09:44

Written Q&A for the exclusive DT interview with Progressive Equity Research "DF capital: Well positioned for growth" -

[ga_dti] 25/3/2021 09:41

Distribution Finance Capital Holdings plc is the holding company of DF Capital Bank Limited (DFC), a specialist commercial lending and personal savings bank. With a focus on supporting the growth of SMEs DF Capital provides specialist lending products to businesses, supported by deposits through its online personal savings accounts.