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Virgin Money UK Reports NPAT Up 69.23% to $22m for Half-Year to 31 March 2020

26 Jun 2020  |  16:12:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Interim Financial Report

Virgin Money UK reported NPAT up 69.23% to $22m for the half-year ended 31 March 2020. Revenue from ordinary activities were $1,239m, down 11.14% from last year. Basic and Diluted EPS were (1.2) cents compared to 0.94 cents last year. The net operating cash outflow was $707m compared to $44m last year. No dividend was declared.

Virgin Money UK Half Year Results to 31 March 2020

6 Months to 31 March 2020 ($GBP'000) 6 Months to 31 March 2019 ($GBP'000)
Revenue 1,239,000 1,377,000
Pre-Tax Profit (Loss) (7,000) 42,000
Net Profit 22,000 13,000
Operating Cash Flow (707,000) 44,000
Interim Dividends (cents) nil nil
Basic and Diluted EPS (cents) (1.2) 0.935
NTA (cents) 252.5 260.1
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