Marlin Global reports 21% profit drop

Marlin Global has reported a net operating profit after tax of $8.1 million for the six months ended December 31, 2024.

This represents a 21% decrease compared to the same period last year.

The company's total revenue also declined by 9% to $11.3m.

Despite the challenges, Marlin Global's portfolio management team remained focused on quality businesses, according to chair Andy Coupe.

The portfolio's gross performance return was 5.3%, while the adjusted net asset value (NAV) return was 3.7%.

The company declared an interim dividend of 2.05 cents per share, to be paid on March 28, 2025.