Source - SMW
Frontier IP Group's pre-tax profits rose by 9% to £1,229,000 in the year to the end of June.

 Total revenue increased by 14% to £2,309,000 - reflecting an unrealised profit on the revaluation of investments of £2,045,000 (2016: £1,809,000).

The group said fair value of portfolio companies increased by 45% to £6,729,000.

Revenue from services increased by 19% to £264,000 and net assets per share rose to 30.7p (2016: 24.9p).

Chief executive Neil Crabb said: 'I am pleased to report on another year of progress as we continue to develop our portfolio and lay the foundations for future value creation.'  

At 8:09am: (LON:FIPP) Frontier IP Group PLC share price was 0p at 49p