Distribution Finance Capital (LON:DFCH) Issues Earnings Results

Distribution Finance Capital (LON:DFCH) released its quarterly earnings data on Wednesday. The company reported GBX 5.90 ($0.08) earnings per share for the quarter, Digital Look Earnings reports. Distribution Finance Capital had a return on equity of 7.33% and a net margin of 14.99%.

Distribution Finance Capital Stock Down 6.3 %

Distribution Finance Capital stock traded down GBX 2.36 ($0.03) during mid-day trading on Wednesday, hitting GBX 35.24 ($0.46). 639,570 shares of the company were exchanged, compared to its average volume of 662,103. The company has a market capitalization of £61.36 million, a PE ratio of 8.29 and a beta of 1.07. The business has a fifty day moving average of GBX 39.12 and a 200 day moving average of GBX 34.96. Distribution Finance Capital has a 1-year low of GBX 20 ($0.26) and a 1-year high of GBX 42.80 ($0.55).

About Distribution Finance Capital

DF Capital was founded in 2016 to support the working capital needs of manufacturers and UK dealers. Today, having received full authorisation as a bank in September 2020, we work with over 90 manufacturers and over 1,250 dealers in the leisure, commercial and powersports sectors. In 2023, we provided over £1.2bn of distribution and inventory finance across these sectors.