After a strong performance of the business during the year generating cash balances at the year-end of £8.1 million. Whilst considering the impact of the pandemic on the core business, the Bioventix Board has determined that is appropriate to maintain the established dividend policy in the immediate future. For the current year, the Board is pleased to announce a second interim dividend of 52 pence per share which, when added to the first interim dividend of 36 pence per share makes a total of 88 pence per share for the current year.
Other financial highlights include:
- Revenue up 11% to £10.31 million (2019: £9.29 million)
- Profit before tax up 18% to £8.23 million (2019: £6.97 million)
- Cash at year end up 27% to £8.1 million (30 June 2019: £6.5 million)
- Special dividend of 53p per share (2019: 47p)