Equals Group (LON:EQLS) Posts Quarterly Earnings Results

Equals Group (LON:EQLS) released its earnings results on Tuesday. The company reported GBX 10.41 ($0.13) earnings per share for the quarter, Digital Look Earnings reports. Equals Group had a net margin of 7.36% and a return on equity of 13.60%.

Equals Group Price Performance

Shares of LON:EQLS opened at GBX 139.50 ($1.78) on Thursday. Equals Group has a 12 month low of GBX 103 ($1.32) and a 12 month high of GBX 140 ($1.79). The company’s 50-day moving average price is GBX 137.95 and its two-hundred day moving average price is GBX 129.14. The company has a quick ratio of 1.55, a current ratio of 1.57 and a debt-to-equity ratio of 5.20. The firm has a market cap of £265.55 million, a P/E ratio of 32.12 and a beta of 1.36.

Equals Group Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 28th. Stockholders of record on Thursday, April 24th will be issued a GBX 35 ($0.45) dividend. This is a positive change from Equals Group’s previous dividend of $1.00. The ex-dividend date is Thursday, April 24th. This represents a dividend yield of 3.58%. Equals Group’s dividend payout ratio is presently 46.05%.

About Equals Group

Equals Group plc is an AIM-listed fintech founded in 2005 and listed in 2014 that develops and sells scalable payment platforms to enable organisations and individuals to move and easily manage their money flows through its payment and card products.
Its core brands are:
Equals Money – an international, domestic and card payment platform delivering corporate payments solutions from FX to expense management.