The group posed a profit after tax of $8.7 million for the year, a 108 per cent uptick from the prior corresponding period (pcp).
Clime had produced revenue of $14.7 million for the six months to December, 74 per cent higher than the pcp, as the group gathered higher unrealised gains on its portfolio.
At the same time, lower performance fees and legal fees contributed to total operating expenses had fallen from $2 million, to $1.6 million.
But dividends, trust distributions and interest income had deteriorated by 21 per cent to $1.6 million.
Shareholders are set to receive a quarterly dividend of 1.2 cents per share for the first three months of 2021, after gaining a 1.17 cent payout and 1.12 in the December and September quarters respectively.
Clime also completed a $3.1 million institutional placement on Tuesday, at an issue price of 87 cents per share.
The funds raised will be placed towards investing in ASX-listed securities and selected unlisted entities or funds, the company stated.
It is set to offer its retail investors a share purchase plan next, open from Friday, with an aim to raise up to $1.5 million.
Sarah Simpkins
Sarah Simpkins is a journalist at Momentum Media, reporting primarily on banking, financial services and wealth.
Prior to joining the team in 2018, Sarah worked in trade media and produced stories for a current affairs program on community radio.
You can contact her on [email protected].
