Distribution Finance Capital (LON:DFCH) Releases Earnings Results

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

Distribution Finance Capital Price Performance

Shares of LON:DFCH traded down GBX 2.26 ($0.03) during trading on Wednesday, hitting GBX 35.34 ($0.46). 635,020 shares of the company’s stock were exchanged, compared to its average volume of 662,033. Distribution Finance Capital has a 52-week low of GBX 20 ($0.26) and a 52-week high of GBX 42.80 ($0.55). The business’s 50-day simple moving average is GBX 39.12 and its 200 day simple moving average is GBX 34.96. The company has a market cap of £61.54 million, a price-to-earnings ratio of 8.31 and a beta of 1.07.

Distribution Finance Capital Company Profile

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.