Non-Standard Finance plc (NSF.L)
| Previous close | 5.3900 |
| Open | 5.4749 |
| Bid | 4.9000 x 0 |
| Ask | 5.1200 x 0 |
| Day's range | 4.7000 - 5.5600 |
| 52-week range | 2.6860 - 26.5890 |
| Volume | 6,990,063 |
| Avg. volume | 3,680,973 |
| Market cap | 15.622M |
| Beta (5Y monthly) | 0.51 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -49.9000 |
| Earnings date | 26 Apr 2021 - 30 Apr 2021 |
| Forward dividend & yield | 0.03 (31.99%) |
| Ex-dividend date | 19 Sep 2019 |
| 1y target est | 81.37 |
- Reuters
Non-Standard Finance puts share issue on hold after FCA flags concerns
The subprime lender said it had now begun an in-depth review after the FCA pointed to possible issues in its operating procedures and processes at the guarantor unit. Non-Standard Finance said in June that it was considering issuing new equity to bolster its balance sheet after flagging risks to its ability to continue as a going concern due to the impact of the COVID-19 crisis on its lending business.
- Reuters
Subprime lender NSF warns of going concern risks
The company, which abandoned a bid for rival Provident Financial in June last year, reported a 76 million pounds ($94.29 million) pretax loss for the year ended Dec. 31 from 2.4 million pounds a year earlier, partly due to costs relating to the failed takeover. "Whilst the directors believe the group and company will remain a going concern, a material uncertainty exists that may cast significant doubt on the group and company’s ability to continue as a going concern," NSF said. Chief Executive Officer John van Kuffeler said that the COVID-19 pandemic led to large write-downs in NSF's businesses.
- Reuters
UK lender NSF warns of going concern risks as coronavirus hits
"The last 18 months have been difficult and disappointing for Non-Standard Finance with the failure of our offer for Provident Financial," Chief Executive Officer John van Kuffeler said, adding that the COVID-19 pandemic led to large write-downs in the company's businesses. The subprime lender's loss before tax widened to 76 million pounds for the year ended Dec. 31 from 2.4 million pounds a year earlier, due to goodwill impairment and costs relating to its failed takeover of Provident in June last year. Since the Provident takeover attempt fell through, NSF had warned on its profits and downgraded its loan book growth targets, causing its share price to plunge nearly 70% in 2019, its worst-ever annual drop.
