London Capital Group Holdings plc

Company Name: London Capital Group Holdings plc
Stock Market: AIM list (LCG)
Industry Sector: Retail - Catalogue & Internet Order
Market Capitalisation: £108.80 (as of March 10, 2009)
Yearly Revenue: £19.0 million (as of December 31, 2007)
Operating Income: £8.4 million
Net Income: £6.0 million
Total Assets: £59.9 million

Key People: Francis Chapman (chief executive officer, executive director), Raj Gandhi (finance director, executive director), Simon D. Denham (chief operating officer, executive director), Peter G. Dawes (company secretary), Rachel Woodford (sales and marketing director, executive director), Richard H. Davey (non-executive chairman of the board), Jack Inglis (senior independent non-executive director)

Headquarters Address: 4th Floor 12 Appold Street London, ENG EC2A 2AW United Kingdom Number of Employees: approximately 42 (as of December 31, 2007)
Website Address: www.londoncapitalgroup.com

Company Overview

London Capital Group Holdings plc (LCG) is one of the leading companies for financial services in the United Kingdom, which offers efficient and fast services for online trading, including unsurpassed level of services among institutional investors and individuals. LCG also assists leading brands to improve their businesses, using custom-made White Label derivative trading and spread betting solutions. Moreover, the company was established in 1996 in London, and recognised as the naissance company of London Capital Group Ltd.

Providing spread betting items is a central activity of LCG within financial markets, to trade with customers under Capital Spreads trade name via its Web site, capitalspreads.com. The company’s other segments offer online services in foreign exchange trading for intermediate and institutional customers under the Capital Forex trade name via capitalforexpro.com, and for institutional derivatives through Capital Derivatives via capitalderivatives.co.uk. Through Capital Spreads, LCG provides online services for financial spread betting among private individuals and private organisations, including share clubs with tight spreads and less margin requirements. Its Capital Forex offers hedge funds for financial institutions, including professional traders’ access on multi-bank portals. Capital Derivatives renders institutional clients an execution services for exchange traded prospects and alternatives for index, single equity and fixed income items.

The company is also utilising its expertise, together with its experience for developing joint ventures and valuable partnerships with leading global brands, which include E*TRADE, Saxo Bank, PaddyPower, and Tradefair. To improve its services for clients, LCG is also investing in its research and development activities, focusing on the enhancement of the custom-built software systems that are essential for its operations.

Current Financial Overview

Based on the fiscal year ending report of London Capital Group Holdings plc dated December 31, 2007, LCG acquired an impressive increase in its yearly revenue of about 119% or an amount of approximately £19.0 million, as compared to approximately £8.65 million during the fiscal year ending in 2006. This was attributed to 138% increase on its profit prior to taxation in fiscal 2007, amounting to £9.31 million as compared to £3.91 million in fiscal 2006. Furthermore, LCG also obtained operating income of £8.4 million, net income of £6.0 million, and total assets of £59.9 million.

In May 2008, it acquired FuturesBetting.com, a business for financial spread betting based in Gibraltar, offering professional traders the most reliable and fastest way of spread betting for key indices, commodities, and currencies with the use of Direct Market Access or ‘DMA’.