9% dividend yield on offer from AIM
Results and news from AIM, covered in our update here, include a cash rich company where the dividend yield is touching 9%. Elsewhere there was news of yet another opportunistic approach from private equity for a high-quality AIM company, lifting the shares sharply.
Equals: back into profit Equals (AIM: EQLS), the fintech payments group focused on the SME marketplace, announced encouraging interim results for the six months ended 30 June 2022 as well as an update on trading since the year end. Revenues rose 86% to £31.4m with all product lines performing well. The Group continues to focus on corporate customers and saw very strong revenue growth in this sector in the period. The Equals platform can provide each B2B customer with an 'own name multi-currency IBAN', an account in their own name denoted by a unique IBAN ('International Bank Account Number') which…