Edinburgh Worldwide Investment Trust plc (EWI.L) has announced a pretax profit of £71.7 million for the fiscal year ending on 31 October 2024, a significant recovery from the previous year's loss of £182.5 million. This translates to earnings per share of 18.78 pence, compared to a loss per share of 46.86 pence in the prior year. On a revenue basis, the net loss before tax stood at £2.6 million, slightly higher than the previous year's loss of £2.5 million. Consequently, the net loss per ordinary share on a revenue basis was 0.70 pence, as opposed to a loss of 0.65 pence the previous year.
Additionally, the Board has announced the appointment of Gregory Eckersley as an independent Non-executive Director, effective 15 February 2025. The Board has decided not to recommend a final dividend.
