A tale of two brokers
The week saw contrasting news from two AIM listed brokers, although both are quick to reward shareholders with attractive dividends as you can discover in our update here.
Focusrite: reassuresFocusrite (AIM: TUNE), the global music and audio products company supplying hardware and software used by professional and amateur musicians and the entertainment industry, reassured with its anticipated trading update. Revenue, profits, and cash are in line with Board expectations for the first half of the year. Overall demand for the Group's products has remained strong, with revenues for the first half to February 2022 expected to be not less than £91m (full year forecast are for revenue of £177m). That’s very positive as revenue during the comparative period in the first half of 2021 (£95.3m) was exceptionally high.…