Manolete Partners: Half Year Trading Update

Manolete reported record first-half realised revenue of £17.4 million, up 23% year-on-year, as completed cases increased to 161 and its forward book reached a record £69 million, although cash receipts fell to £12.8 million and net debt rose to £13.6 million, with the UK insolvency litigation funder maintaining its full-year guidance of £30.6 million in realised revenue and £1.5 million in adjusted realised profit before tax.

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