SimplyBiz Group (LON: SBIZ) shares have slumped along with most of the rest of the companies on AIM, but on Tuesday the provider of compliance and business services to financial advisers should show that it is making rapid progress.
The 2019 pre-tax profit is expected to increase by 47% to £14.7m on revenues one-quarter ahead at £65m. A full year dividend of 4.2p a share is expected.
These figures include an initial contribution from financial information and technology business Defaqto, which was acquired last March for £74.3m in cash and shares. Organic growth was achieved. Despite the...
