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Frontier IP Group 'well positioned for another positive performance'

Frontier IP Group PLC's (LON:FIPP) Neil Crabb tells Proactive London's Andrew Scott he's confident their portfolio will continue to grow after profits in its latest full-year increased 160%.

The fair value of the group’s investment portfolio also increased by 47% to £13.25mln, while it ended the year with a cash balance of £1.47mln compared to £1.1mln last year.

Crabb also discusses this week's fundraise - £3.8mln through the placing of 8mln shares at 55.5p each.

Quick facts: Frontier IP Group PLC

Price: 63 GBX

AIM:FIPP
Market: AIM
Market Cap: £31.98 m
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