This AIM survivor is selective with the facts
There were impressive results from one of AIM’s corporate brokers, but real shareholder returns since listing are not quite as good as implied. A key provider of software delivered the usual consistency, while a growing level of fee-based income from an administrator of SIPPs bodes well for the future. Read on here for more on these and other results from AIM, London’s market for fast-growing companies. (Free to read)
Morses Club: digital transition continues Morses Club (LON:MCL), the provider of “non-standard financial services”, issued an encouraging trading update for the six months to 28 August. This business has its roots in the doorstep lending but has a growing digital offering, which looks quite interesting. Customer number for its fast-growing Digital lending division stood at over 46,000 at the end of the period, an increase of 100% since February 2021, while the gross loan book for this has risen 194% to £35.7m. While still very small, it’s growing fast and the quality of the lending remains high – the level…