Investment and wealth manager Walker Crips has reported a small pre-tax profit in the six months to 30 September 2021.

This £166,000 profit is a turnaround from the £349,000 loss reported in H1 2020. 

Total revenues grew 9.3 percent to £15.69 million from £14.35 million a year earlier.

Adjusted EBITDA increased from £0.81 million to £1.29 million.

Assets under management (AUM) were up 5.9 percent to £3.6 billion from March 2021.

While total a...