Adviser consolidator AFH Financial is considering further financing options to take advantage of a "pipeline of opportunities" in the acquisitions market.
Further share issues are among the actions the AIM-listed group's Board could take, it announced in an update to the stock exchange on 9 November. The group has taken the somewhat unusual step of stating it expects to announce full-year revenues of more than £20m for the 12 months to 31 October. Its audited results will be released in February. Turnover was approximately £15m in the corresponding 12 months ending in October 2014, and £10.7m the year before that. Pre-tax profits last year stood at just over £1m. AFH Financial has successfully integrated 11 acquisitions into the b...
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