Small caps round-up: Nationwide Accident Repair, Motive TV, WANdisco

Nationwide Accident Repair Services said revenue fell 12.9 per cent to 80.7m pounds, primarily due to site closures in 2011.

Nationwide Accident Repair Services said revenue fell 12.9 per cent to 80.7m pounds, primarily due to site closures in 2011.

On a like-for-like basis revenue fell 4.7%, hit by poor LFL insurance revenue but boosted by strong LFL growth in fleet revenue. The gross profit margin increased from 35.5% to 36.3%. Underlying profit before tax was down to £2.8m (2011: £3.5m), while statutory profit before tax of £2.1m (2011: £3.0m). Net cash at June 30th increased to £8.0m (2011: £7.3m).

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.