Cash Balance and Net Debt Improvement
Cash balance increased by 67% to GBP 1.1 million, and net debt decreased by 9% to GBP 10.8 million.
Increase in New Case Referrals
505 cases were referred in the first half of the current financial year, the highest half-year number ever.
Strong Performance in Insolvency Market
Manolete remains the U.K.'s leading insolvency litigation financing company with a unique model of purchasing claims.
Record Number of Case Completions
Record number of case completions, although at lower-than-normal average values, indicating operational efficiency.
High Gross Profit Margin
Gross profit margin increased slightly to 31% from 30% last year.