Brief: Non-Standard Finance FY Normalised Loss Before Tax Of £24.6m

Non-Standard Finance

28/04/2023 14:31

April 28 (Reuters) - Non-Standard Finance PLC  NSF.L :
    * NON-STANDARD FINANCE PLC FY REVENUE FELL 25 PERCENT TO
98.3
MILLION STG
    * NON-STANDARD FINANCE PLC - FY NORMALISED AND REPORTED
REVENUE
WAS DOWN 25% TO £98.3M
    * NON-STANDARD FINANCE PLC - FY NORMALISED LOSS BEFORE TAX
OF
£24.6M (2021: NORMALISED LOSS BEFORE TAX OF £16.7M)
    * NON-STANDARD FINANCE PLC - GROUP CONTINUED TO FACE
SIGNIFICANT
REGULATORY AND FINANCIAL CHALLENGES IN 2022, MANY OF WHICH HAVE
CONTINUED INTO 2023
    * NON-STANDARD FINANCE PLC - SINCE START OF 2023 WE HAVE
SEEN
GROWTH IN LOAN ISSUANCE IN BRANCH-BASED LENDING
    * NON-STANDARD FINANCE PLC - REMAINS A GOING CONCERN AND HAS
RECEIVED TEMPORARY WAIVERS TO ENABLE IT TO PURSUE A SCHEME AND
RAISE ADDITIONAL CAPITAL
    * NON-STANDARD FINANCE PLC - HOPEFUL THAT SCHEME PROCESS
WILL
CONCLUDE TOWARDS END OF JUNE 2023

Source text for Eikon:  ID:nRSb8457Xa 
Further company coverage:  NSF.L 

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