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Insider UK
Insider UK
Peter A Walker

INSANE: Assetco reports rising profits and share value | Vintage Vibes

Martin Gilbert

AssetCo is poised for further expansion after reporting rising annual profits and a quadrupling of share value.

The group's preliminary results for the year ended 30 September 2021 revealed profits before taxation of £16.1m - up from £3.4m in 2020 - while its capital position went from £32.3m to £56.1m.

During the 12-month period, AssetCo's share price more than quadrupled to close at £17.00 per share - compared to £4.11 per share in 2020.

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