Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Lombard Risk Management (LRM) has, for its half year ended 30th September 2013, reported a 5% decline in revenue (to £7.26 million) compared to the corresponding 2012 period and a net cash outflow before financing activities of £1.98 million, though has “continued confidence in meeting the full year revenue forecasts in the market” (£19.4 million) and states “the second half of the financial year can be expected to be appreciably cash generative”
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