Declared Dividend • Jul 08
Final dividend of UK£0.031 announced Shareholders will receive a dividend of UK£0.031. Ex-date: 8th October 2026 Payment date: 5th November 2026 Dividend yield will be 3.9%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 07
Full year 2026 earnings released: EPS: UK£0.053 (vs UK£0.04 in FY 2025) Full year 2026 results: EPS: UK£0.053 (up from UK£0.04 in FY 2025). Revenue: UK£168.5m (up 9.6% from FY 2025). Net income: UK£8.50m (up 35% from FY 2025). Profit margin: 5.0% (up from 4.1% in FY 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Annonce • Jul 06
Begbies Traynor Group plc Proposes Final Dividend for the Year 2026, Payable on November 5, 2026 BTG Consulting plc to recommend a 7% increase in the total dividend for the year to 4.6p (2025: 4.3p), extending track record to nine consecutive years of dividend growth. Subject to shareholder approval at the company's annual general meeting, this will comprise the interim dividend already paid of 1.5p (2025: 1.4p) and a proposed final dividend of 3.1p (2025: 2.9p). The final dividend will be paid on 5 November 2026 to shareholders on the register on 9 October 2026, with an ex-dividend date of 8 October 2026. Annonce • May 22
Btg Consulting plc Provides Earnings Guidance for the Year Ended 30 April 2026 BTG Consulting plc provided earnings guidance for the year ended 30 April 2026. For the year, the group expects its results for the year to be above the top end of market expectations: Revenue of £169 million (2025: £153.7 million). Annonce • May 21
BTG Consulting plc to Report Fiscal Year 2026 Results on Jul 06, 2026 BTG Consulting plc announced that they will report fiscal year 2026 results at 8:00 AM, GMT Standard Time on Jul 06, 2026 Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. Director Kevin Mapstone was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Dec 12
Angela Dennison acquired Janforster-Estates Limited from Begbies Traynor Group plc (AIM:BEG). Angela Dennison acquired Janforster-Estates Limited from Begbies Traynor Group plc (AIM:BEG) on December 11, 2025. Under the terms of the transaction, Angela Dennison acquired the business name and will continue the family legacy under the new trading name, Dennison Property Services.
Angela Dennison completed the acquisition of Janforster-Estates Limited from Begbies Traynor Group plc (AIM:BEG) on December 11, 2025. Annonce • Dec 10
Begbies Traynor Group plc Declares Interim Dividend, Payable on May 8, 2025 The board of Begbies Traynor Group plc declared a 7% increase in the interim dividend to 1.5 pence per share (2024: 1.4 pence per share), which will extend our eight consecutive years of dividend growth since 2017 and reflects confidence in sustaining our financial track record and in the group's financial position and prospects. Company remains committed to a long-term progressive dividend policy, which takes account of the group's earnings growth, investment plans and cash requirements, together with the market outlook. The interim dividend will be paid on 8 May 2026 to shareholders on the register on 10 April 2026, with an ex-dividend date of 9 April 2026. Annonce • Nov 20
Begbies Traynor Group plc to Report First Half, 2026 Results on Dec 09, 2025 Begbies Traynor Group plc announced that they will report first half, 2026 results on Dec 09, 2025 Annonce • Jul 09
Begbies Traynor Group plc, Annual General Meeting, Sep 18, 2025 Begbies Traynor Group plc, Annual General Meeting, Sep 18, 2025. Annonce • Jan 13
Begbies Traynor Group plc Announces Death of Graham McInnes, Non-Executive Director Begbies Traynor Group plc announced the death of Graham McInnes, non-executive director of the company, after a short illness. Graham joined the board in 2004, initially as finance director and subsequently as corporate development director. He was a key part of the management team which listed the company on AIM in September 2004 and since July 2012 has served as a non-executive director and member of the remuneration and audit committees, together with being the senior independent non-executive director since 2018. Annonce • Dec 02
Begbies Traynor Group plc (AIM:BEG) acquired White Maund Insolvency Practitioners Limited. Begbies Traynor Group plc (AIM:BEG) acquired White Maund Insolvency Practitioners Limited on December 2, 2024. The transaction will increase the group's existing 20 strong team in Brighton through the addition of four experienced team members, including Chris Latos and Tom D'Arcy who will join the practice as partners.
Emma Gabriel and Harry Pardoe of Canaccord Genuity Limited and Malachy McEntyre, Mark Percy, Anita Ghanekar and James Thomas of Shore Capital acted as brokers for Begbies Traynor Group plc.
Begbies Traynor Group plc (AIM:BEG) completed the acquisition of White Maund Insolvency Practitioners Limited on December 2, 2024. Annonce • Nov 18
Begbies Traynor Group plc to Report First Half, 2025 Results on Dec 10, 2024 Begbies Traynor Group plc announced that they will report first half, 2025 results on Dec 10, 2024 Annonce • Oct 30
Begbies Traynor Appoints Kevin Mapstone as Director Begbies Traynor appointed insolvency specialist Kevin Mapstone as a director based at its Edinburgh office. With over 25 years’ experience in financial services, Kevin joins from an insolvency firm in Paisley where he spent almost four years as an insolvency practitioner, having previously worked for a number of other firms, including a period as an insolvency manager with Begbies Traynor. A fully licensed insolvency practitioner, Kevin has a broad range of experience covering insolvency and debt solutions, assisting both individuals and businesses. With a strong network of contacts across both Glasgow and Edinburgh, Kevin will work with the Begbies Traynor team to further build the firm’s reputation in the east of Scotland as a leading provider of personal and corporate insolvency expertise. He will also work across Begbies Traynor’s offices in Dundee, Aberdeen and Inverness. Upcoming Dividend • Oct 03
Upcoming dividend of UK£0.027 per share Eligible shareholders must have bought the stock before 10 October 2024. Payment date: 06 November 2024. The company is paying out more than 100% of its profits and is paying out 77% of its cash flow. Trailing yield: 4.0%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (2.2%). Annonce • Aug 15
Begbies Traynor Group plc, Annual General Meeting, Sep 17, 2024 Begbies Traynor Group plc, Annual General Meeting, Sep 17, 2024. Location: the companys head office, 340 deansgate, m3 4ly, manchester United Kingdom New Risk • Jul 25
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 65% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (437% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin). Declared Dividend • Jul 11
Final dividend of UK£0.027 announced Shareholders will receive a dividend of UK£0.027. Ex-date: 10th October 2024 Payment date: 6th November 2024 Dividend yield will be 3.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is not covered by earnings (437% earnings payout ratio). However, it is covered by cash flows (81% cash payout ratio). The dividend has increased by an average of 6.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 385% to bring the payout ratio under control. EPS is expected to grow by 237% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Jul 10
Full year 2024 earnings released: EPS: UK£0.009 (vs UK£0.019 in FY 2023) Full year 2024 results: EPS: UK£0.009 (down from UK£0.019 in FY 2023). Revenue: UK£136.7m (up 12% from FY 2023). Net income: UK£1.45m (down 50% from FY 2023). Profit margin: 1.1% (down from 2.4% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Annonce • May 22
Begbies Traynor Group plc to Report Fiscal Year 2024 Results on Jul 09, 2024 Begbies Traynor Group plc announced that they will report fiscal year 2024 results on Jul 09, 2024 Upcoming Dividend • Apr 04
Upcoming dividend of UK£0.013 per share Eligible shareholders must have bought the stock before 11 April 2024. Payment date: 07 May 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.4%). Annonce • Feb 28
Begbies Traynor Group plc Reaffirms Earnings Guidance for the Full Year of Fiscal 2024 Begbies Traynor Group plc reaffirmed earnings guidance for the full year of fiscal 2024. As a result, the outlook for the year as a whole remains unchanged and the board therefore remains confident of delivering market expectations for the full year, extending a strong financial track record of growth. Reported Earnings • Dec 13
First half 2024 earnings released: EPS: UK£0.008 (vs UK£0.024 in 1H 2023) First half 2024 results: EPS: UK£0.008 (down from UK£0.024 in 1H 2023). Revenue: UK£65.9m (up 13% from 1H 2023). Net income: UK£1.22m (down 67% from 1H 2023). Profit margin: 1.9% (down from 6.4% in 1H 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in Europe. Annonce • Dec 12
Begbies Traynor Group plc (AIM:BEG) acquired SDL Auctions Limited for £3.25 Million. Begbies Traynor Group plc (AIM:BEG) acquired SDL Auctions Limited for £3.25 Million on December 12, 2023.Begbies Traynor Group plc (AIM:BEG) completed the acquisition of SDL Auctions Limited on December 12, 2023. Annonce • Dec 11
Begbies Traynor Group plc Announces Interim Dividend Payable on 7 May 2024 Begbies Traynor Group plc declared an 8% increase in the interim dividend to 1.3 pence (2022: 1.2 pence), which will extend six consecutive years of dividend growth since 2017 and reflects confidence in sustaining financial track record and in the group's financial position and prospects. Company remains committed to a long-term progressive dividend policy, which takes account of the group's earnings growth, Company's investment plans and cash requirements, together with the market outlook. The interim dividend will be paid on 7 May 2024 to shareholders on the register on 12 April 2024, with an ex-dividend date of 11 April 2024. Annonce • Nov 22
Begbies Traynor Group plc Provides Earnings Guidance Begbies Traynor Group plc provided earnings guidance. The company expects its revenue to increase by 13%. Annonce • Nov 20
Begbies Traynor Group plc to Report First Half, 2024 Results on Dec 11, 2023 Begbies Traynor Group plc announced that they will report first half, 2024 results on Dec 11, 2023 Annonce • Nov 09
Begbies Traynor Group plc (AIM:BEG) acquired Andrew Forbes Limited for £1 million. Begbies Traynor Group plc (AIM:BEG) acquired Andrew Forbes Limited for £1 million on November 8, 2023.Canaccord Genuity Limited acted as Financial advisor to Canaccord Genuity Limited.
Begbies Traynor Group plc (AIM:BEG) completed the acquisition of Andrew Forbes Limited on November 8, 2023. New Risk • Oct 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.1% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 203% Cash payout ratio: 103% Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (2.1% increase in shares outstanding). Upcoming Dividend • Sep 28
Upcoming dividend of UK£0.026 per share at 3.4% yield Eligible shareholders must have bought the stock before 05 October 2023. Payment date: 03 November 2023. The company is paying out more than 100% of its profits and is paying out 92% of its cash flow. Trailing yield: 3.4%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (2.7%). Annonce • Sep 06
Begbies Traynor Group plc (AIM:BEG) acquired Jones, Giles & Clay Limited. Begbies Traynor Group plc (AIM:BEG) acquired Jones, Giles & Clay Limited on September 5, 2023. Begbies Traynor Group plc (AIM:BEG) completed the acquisition of Jones, Giles & Clay Limited on September 5, 2023. Reported Earnings • Aug 25
Full year 2023 earnings released: EPS: UK£0.019 (vs UK£0.003 loss in FY 2022) Full year 2023 results: EPS: UK£0.019 (up from UK£0.003 loss in FY 2022). Revenue: UK£121.8m (up 11% from FY 2022). Net income: UK£2.91m (up UK£3.41m from FY 2022). Profit margin: 2.4% (up from net loss in FY 2022). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Professional Services industry in Europe. Annonce • Aug 24
Begbies Traynor Group plc, Annual General Meeting, Sep 19, 2023 Begbies Traynor Group plc, Annual General Meeting, Sep 19, 2023, at 09:00 Coordinated Universal Time. Location: 340 Deansgate, Manchester, M3 4LY Machester United Kingdom Annonce • Jul 12
Begbies Traynor Group plc Proposes Final Dividend, Will Be Paid on 3 November 2023 Begbies Traynor Group plc proposed final dividend of 2.6 pence (2022: 2.4 pence). The final dividend will be paid on 3 November 2023 to shareholders on the register on 6 October 2023, with an ex-dividend date of 5 October 2023. Reported Earnings • Jul 12
Full year 2023 earnings released: EPS: UK£0.019 (vs UK£0.003 loss in FY 2022) Full year 2023 results: EPS: UK£0.019 (up from UK£0.003 loss in FY 2022). Revenue: UK£121.8m (up 11% from FY 2022). Net income: UK£2.91m (up UK£3.41m from FY 2022). Profit margin: 2.4% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Professional Services industry in Europe. Recent Insider Transactions • Apr 20
Independent Non-Executive Director recently bought €60k worth of stock On the 14th of April, John May bought around 44k shares on-market at roughly €1.36 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €97k more in shares than they have sold in the last 12 months. Upcoming Dividend • Mar 30
Upcoming dividend of UK£0.012 per share at 2.8% yield Eligible shareholders must have bought the stock before 06 April 2023. Payment date: 05 May 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 2.8%. Lower than top quartile of German dividend payers (4.7%). In line with average of industry peers (2.7%). Annonce • Feb 01
Begbies Traynor Group plc Appoints Mandy Donald to the Board as an Additional Independent Non-Executive Director Begbies Traynor Group plc announced the appointment of Mandy Donald to the board as an additional independent non-executive director with immediate effect; she will also join the board's audit committee. his age is 50. Mandy is a chartered accountant and experienced non-executive director. She joined EY in 1992, qualified as a chartered accountant and spent 10 years working in professional roles in the firm. In 2002 she was appointed as EY's UK director of finance and operations and from 2007-2012 was the global director of finance and operations for EY's transaction advisory services and EY assurance services. Since 2012, Mandy has held a number of non-executive director positions in the financial and professional services sectors including at Punter Southall, Liontrust Asset Management plc, JP Morgan Investment Trust plc and Gowling WLG LLP, as well as in the not for profit sector at the Institute of Cancer Research; these roles included acting as chair of several audit committee and risk committees. Current directorships and partnerships JPMorgan US Smaller Companies Investment Trust plc, Liontrust Asset Management plc, Punter Southall Group LimitedInstitute of Cancer Research: Royal Cancer Hospital Directorships and partnerships held within the past five years Liontrust Multi-Asset Limited. Reported Earnings • Dec 15
First half 2023 earnings released: EPS: UK£0.024 (vs UK£0.002 loss in 1H 2022) First half 2023 results: EPS: UK£0.024 (up from UK£0.002 loss in 1H 2022). Revenue: UK£58.5m (up 12% from 1H 2022). Net income: UK£3.72m (up UK£4.05m from 1H 2022). Profit margin: 6.4% (up from net loss in 1H 2022). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Professional Services industry in Europe. Annonce • Dec 13
Begbies Traynor Group plc Declares Interim Dividend for the Six Months Ended 31 October 2022, Payable on 5 May 2023 Begbies Traynor Group plc declared a 9% increase in the interim dividend to 1.2 pence (2021: 1.1 pence), which builds on the 10% compound annual growth in the dividend since 2017 and reflects confidence in sustaining financial track record and the group's financial position and prospects. The interim dividend will be paid on 5 May 2023 to shareholders on the register on 11 April 2023, with an ex-dividend date of 6 April 2023. Annonce • Nov 17
Begbies Traynor Group plc Provides Earnings Guidance for the Six Months Ended October 31, 2022 Begbies Traynor Group plc provided earnings guidance for the six months ended October 31, 2022. For the period, the company's revenue expected to increase by 12% to £58.5 million (2021: £52.3 million). Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Peter Wallqvist was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Nov 04
Begbies Traynor Group plc to Report First Half, 2023 Results on Dec 31, 2022 Begbies Traynor Group plc announced that they will report first half, 2023 results on Dec 31, 2022 Upcoming Dividend • Sep 29
Upcoming dividend of UK£0.024 per share Eligible shareholders must have bought the stock before 06 October 2022. Payment date: 03 November 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (5.5%). Lower than average of industry peers (2.9%). Annonce • Sep 23
Begbies Traynor Group plc (AIM:BEG) acquired J K Domestics North West Ltd. Begbies Traynor Group plc (AIM:BEG) acquired J K Domestics North West Ltd on September 22, 2022. J K Domestics North West Ltd out of administration in a pre-packaged deal secured by Begbies Trayno.
Begbies Traynor Group plc (AIM:BEG) completed the acquisition of J K Domestics North West Ltd on September 22, 2022. Reported Earnings • Aug 29
Full year 2022 earnings released: UK£0.003 loss per share (vs UK£0.001 profit in FY 2021) Full year 2022 results: UK£0.003 loss per share (down from UK£0.001 profit in FY 2021). Revenue: UK£110.0m (up 31% from FY 2021). Net loss: UK£500.0k (down 427% from profit in FY 2021). Over the next year, revenue is forecast to grow 9.5%, compared to a 7.9% growth forecast for the Professional Services industry in Germany. Annonce • Jul 26
Begbies Traynor Group plc (AIM:BEG) acquired Mantra Capital for £18 million . Begbies Traynor Group plc (AIM:BEG) acquired Mantra Capital for £18 million on July 25, 2022. Initial consideration of £4.5 million comprised of £4.0 million in cash from the group's existing facilities and the issue of 352,361 new ordinary shares. Potential earn out of up to an additional £13.5 million (in a mix of cash and shares) subject to delivering material growth in profits over the four years post completion. The initial cash consideration will be funded through the group's existing financial resources, which comprised net cash of £4.7 million as at the year ended 30 April 2022 and significant committed bank facilities. In its financial year ended 31 December 2021, Mantra (on a combined basis) achieved revenue of £4.2 million and normalised pre-tax profits of £1.2 million (when reported on the same basis as the group). It had net assets of £2.6 million as at 31 December 2021. Canaccord Genuity Limited acted as financial advisor to Begbies Traynor Group plc.
Begbies Traynor Group plc (AIM:BEG) completed the acquisition of Mantra Capital on July 25, 2022. Reported Earnings • Jul 20
Full year 2022 earnings released: UK£0.003 loss per share (vs UK£0.001 profit in FY 2021) Full year 2022 results: UK£0.003 loss per share (down from UK£0.001 profit in FY 2021). Revenue: UK£110.0m (up 31% from FY 2021). Net loss: UK£500.0k (down 427% from profit in FY 2021). Over the next year, revenue is forecast to grow 5.5%, compared to a 9.9% growth forecast for the industry in Germany. Annonce • Jun 28
Begbies Traynor Group plc (AIM:BEG) acquired Budworth Hardcastle Ltd for £2.4 million. Begbies Traynor Group plc (AIM:BEG) acquired Budworth Hardcastle Ltd for £2.4 million on June 27, 2022. Initial consideration of £0.9 million, payable £0.6 million in cash and through the issue of 206,937 new ordinary shares; Contingent cash consideration of up to £0.9 million subject to maintaining financial performance in the three year period post completion. In addition, the acquisition includes a maximum cash earn out of £0.6 million subject to meeting growth targets over the five year period post completion. This gives a maximum consideration of £2.4 million (on a cash free debt free basis). The cash consideration will be met from the group's existing financial resources, with significant headroom available for further acquisitions and investment. The business will integrate with Eddisons, the group's property division. In its financial year ended August 31, 2021, Budworth Hardcastle generated revenue of £1.8 million and It had net assets of £0.4 million. Canaccord Genuity Limited acted as financial advisor to Begbies Traynor Group plc (AIM:BEG).
Begbies Traynor Group plc (AIM:BEG) completed the acquisition of Budworth Hardcastle Ltd on June 27, 2022. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Peter Wallqvist was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 31
Upcoming dividend of UK£0.011 per share Eligible shareholders must have bought the stock before 07 April 2022. Payment date: 06 May 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (3.7%). Higher than average of industry peers (2.3%). Buying Opportunity • Feb 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be UK£1.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% per annum over the last 3 years. The company has become profitable over the last year. Annonce • Jan 10
Begbies Traynor Group plc (AIM:BEG) acquired Daniells Harrison Surveyors Llp for £3.2 million. Begbies Traynor Group plc (AIM:BEG) acquired Daniells Harrison Surveyors Llp for £3.2 million on January 10, 2022. The consideration is on a cash free debt free basis, consists of Initial consideration of £1 million, payable £0.75 million in cash and through the issue of 186,651 new ordinary shares, contingent cash consideration of £1 million subject to maintaining financial performance in the four year period post completion. In addition, the acquisition includes a maximum cash earn out of £1.25 million subject to meeting growth targets over the five year period post completion. The initial consideration will be financed from Begbies Traynor Group's existing financial resources. For the year ended on March 31, 2021, Daniells Harrison Surveyors reported revenue of £2.1 million and net assets of £0.5 million. 27 staff of Daniells Harrison Surveyors will integrate with Eddisons, Begbies Traynor Group;s property advisory and transactional services division. Adam James and Patrick Dolaghan of Canaccord Genuity LLC acted as financial advisor to Begbies Traynor Group plc.
Begbies Traynor Group plc (AIM:BEG) completed the acquisition of Daniells Harrison Surveyors Llp on January 10, 2022. Reported Earnings • Dec 17
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: UK£0.002 loss per share (up from UK£0.003 loss in 1H 2021). Revenue: UK£52.3m (up 39% from 1H 2021). Net loss: UK£331.0k (loss widened 2.2% from 1H 2021). Revenue exceeded analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 9.6%, compared to a 9.1% growth forecast for the industry in Germany. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Peter Wallqvist was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 24
Full year 2021 earnings released: EPS UK£0.001 (vs UK£0.007 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£83.8m (up 19% from FY 2020). Net income: UK£153.0k (down 84% from FY 2020). Profit margin: 0.2% (down from 1.3% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Jul 21
Full year 2021 earnings released: EPS UK£0.001 (vs UK£0.007 in FY 2020) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: UK£83.8m (up 19% from FY 2020). Net income: UK£153.0k (down 84% from FY 2020). Profit margin: 0.2% (down from 1.3% in FY 2020). The decrease in margin was driven by higher expenses. Annonce • May 21
Begbies Traynor Group plc Reports Earnings Guidance for the Year Ended April 30, 2021 Begbies Traynor Group plc reported earnings guidance for the year ended April 30, 2021. For the period, the company expected revenue to be £83.7 million. Annonce • May 11
Begbies Traynor Group plc (AIM:BEG) acquired Maf Property Limited for £11.8 million. Begbies Traynor Group plc (AIM:BEG) acquired Maf Property Limited for £11.8 million on May 10, 2021. The acquisition is for a maximum potential consideration of £11.75 million on a cash free and debt free basis with normal levels of working capital (i.e. adjusted for cash, debt and working capital levels at completion). Initial consideration of £3 million (subject to cash free/debt free and working capital adjustments), to be satisfied as £2m in cash financed through the group's existing facilities and through the issue of 847,458 new ordinary shares of 5 pence each in the group ("New Ordinary Shares"). Earn out of up to £8.75 million (at least 67% is payable in cash with the balance in New Ordinary Shares) subject to delivering material growth in profits as detailed: (i) £2 million subject to average PBT of £1 million in years 1 and 2 (ii) £6.75 million subject to average PBT of £2 million in years 3 and 4. For the financial year ended December 31, 2020, MAF reported revenue of £3.1 million and net assets of £0.5 million as at 31 December 2020. Team of 46 employees, including two directors, who will all join Begbies Traynor Group. The acquisition is expected to be immediately earnings enhancing. Emma Gabriel and Angelos Vlatakis of Canaccord Genuity Limited acted as financial advisor for Begbies Traynor Group.
Begbies Traynor Group plc (AIM:BEG) completed the acquisition of Maf Property Limited for £11.8 million on May 10, 2021.