Numerco reports FY19 Results (FYE 31st May19)

Numerco Limited (16thMar20) reports $2.88m gross profit on revenues of $6.07m in the results for the full fiscal year 2019, with a year end date of 31st May19.

FYE 2019 Summary in USD:

Financial Results

  • Total revenues of $6.07m (YoY +3.76%)
  • Gross profits of $2.88m (YoY +86%)
  • EBIT of $2.22m, EPS $2.2/Sh (YoY +64%)
  • Dividend Payout Ratio of 52%
  • Shareholders Funds $1.54m

Commercial Highlights

  • Broad client growth, both in numbers and regional diversity
  • New business lines of low sulphur marine fuel and information sales
  • Returns yielding from equity investments
  • Confirmed order book across products out to Q1’2025

FYE 31May20 results will follow shortly after year end.