Duke Capital predicts 12pc Q4 revenue rise

Duke Capital expects to achieve recurring cash revenue of £6.5m in the fourth quarter of the financial year ending 31 March 2025 – representing a 12 per cent year-on-year increase on the previous year.

During the fourth quarter of the 2024 financial year, Duke Capital’s cash revenue was £5.8m.

In an update to investors, Duke also confirmed that in February, it completed a £1.9m follow-on investment into BPVA (Ireland) Limited to facilitate the acquisition of Pinta Crew Limited, an Irish consultancy business specialising in helping Irish and international organisations optimise their people, processes and resources.

Read more: Duke Capital Q1 revenue up 5pc to £6.3m

“Despite the UK’s stickier inflationary pressures, we are pleased to report that we are on track to achieve a solid year-on-year increase in recurring cash revenues for Q4 FY25,” said Neil Johnson, chief executive of Duke Capital.

“This performance reflects the strength of our business model in navigating challenging market conditions, while our follow-on investment in BPVA underscores our commitment to supporting our portfolio.

Read more: Duke Capital sees profits fall as it moves to new funding strategy

“With a strong balance sheet, we are confident we can deliver long-term, sustainable value for shareholders.”

Duke Capital provides of hybrid capital solutions for small-and medium-sized business owners in Europe and North America.

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