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Interim Results Released : 08 November 2021 07:00 RNS Number : 5740R Argentex Group PLC 08 November 2021 8 November 2021 Argentex Group Plc ( " Argentex " , the " Group " or the " Company " ) Interim results for the period ended 30 September 2021 Strong growth in client numbers and trading activity drives record H1 performance Argentex Group PLC ( AIM : AGFX ) , the provider of foreign exchange services to institutions , corporates and high net worth individuals , today issues its interim results for the six - month period ended 30 September 2021 . Financial highlights Gross Foreign Exchange ( " FX " ) Turnover : £ 8.3bn ( HY 21 : £ 5.0bn ) - up 67 % Revenue : £ 15.7m ( HY 21 : £ 11.8m ) - up 33 % Underlying Operating Profit : £ 4.7m ( HY 21 : £ 3.7m ) * -up 27 % Underlying Operating Profit Margin : 29.9 % ( HY 21 : 31.4 % ) Profit after tax : £ 3.3m ( HY 21 : £ 2.7m ) - up 22 % Highly cash generative , with 79 % of revenue converting to cash in 3 months or less Earnings per share : 3.0p ( basic ) ; 3.2p ( underlying ) ( HY 21 : 2.4p ( basic ) ; 2.5p ( underlying ) ) Interim dividend : 0.75p per share Harry Adams , CEO of Argentex commented : " We're delighted to be reporting a record set of H1 results with strong revenue and profit growth driven by a continued surge in client trading activity and increasing demand for our services . As confidence returns in the aftermath of the pandemic , we're delivering across all of our key performance metrics , enabled by our robust model and tireless approach to risk management . Our investment in high - quality people and evolving technology is integral to our market - leading service as evidenced by our growing client base in all trading environments . We remain confident in our future and long - term strategy to deliver on our ambitious growth plans , and we are well placed to capitalise on the significant opportunities that lie ahead . " Operational highlights ● Strong growth in clients and trading activity as post - pandemic confidence returns O 271 new corporate clients traded during the period , up 28 % ( HY 21 : 212 ) O Total number of all corporate trading clients grew by 27 % to 1,241 ( HY 21 : 981 ) O Spot and forward spreads remain consistent with prior year