Manolete Partners Plc (GB:MANO) has released an update.
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Manolete Partners Plc reported a robust financial performance for the first half of 2024, with a 63% increase in gross cash collected, reaching £14.3 million, and a notable 60% rise in realised revenues to £15 million. The company completed a record number of 137 cases, contributing to strong organic cash generation and reducing net debt by £1.25 million. With a record pipeline of 437 new case investment opportunities, Manolete is poised for continued growth in the insolvency litigation financing sector.
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