IMF Bentham Limited (ASX: IMF) has recognised consolidated gross income of $87.6 million during the quarter ended 30th September 2019 which includes the early completion of an investment made in June 2019 in Fund 4 which generated revenue to the Fund of approximately USD 19.9 million.
- A further $69 million is expected to be recognised in FY20 from investment that have unconditionally and conditionally completed in the period from mid-June to date and if such gross income is ultimately recognised in FY20 it will result in four times the consolidated gross income of FY19;
- The Enterprise Portfolio Value (EPV) of the completed investment in the quarter was $497.2 million.
At AEST 12:58 PM, the stock was trading at $3.760 per share, down by 1.053% from its previous close.
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