• February 19, 2021

    £6.2m MBO at Notts steel fabricator

    Duke Royalty, the provider of alternative capital solutions, has entered into a £6.2m royalty financing agreement with Meteor HoldCo, which trades as Fabrikat (Nottingham) in Sutton-in-Ashfield. Formed in 1985, Fabrikat is a fabricator of steel products supplying the UK street lighting and guardrail markets.

  • February 19, 2021

    Duke Royalty enters management buyout funding deal with Fabrikat

    (Sharecast News) - Alternative capital provider Duke Royalty has entered into a £6.2m royalty financing agreement with Meteor HoldCo, it announced on Tuesday, which undertakes business as Fabrikat. The AIM-traded firm said Fabrikat, formed in 1985 and based in Sutton-in-Ashfield, is a fabricator of steel products supplying the UK street lighting and guardrail markets.

  • February 16, 2021

    Duke Royalty reports record quarter of cash revenue generation

    Alternative capital provider Duke Royalty updated the market on its trading and operations on Thursday, reporting cash revenue for the third quarter of £4.2m, representing a record quarter of cash revenue generation for Duke. The AIM-traded firm said that, within that £4.2m, £1.7m related to the receipt of the redemption premium generated from the exit of Welltel in December.

  • February 4, 2021

    Bargain shares for 2021

    The idea behind our annual Bargain Shares Portfolio is simple. It’s to invest in companies where the true worth of the assets is not reflected in the share price, usually for some temporary reason, but where we can reasonably expect that it will be in due course.

  • January 5, 2021

    Investment boost for UK caravan industry wholesaler

    British caravan and RV parts wholesale company Miriad Products (MRDB Holdings Limited Group) has received a significant follow-on investment from its long-term capital partner Duke Royalty Limited. The funds will allow Miriad to buyout and cancel all of its subordinated vendor loan notes (VLNs) and will see Duke increase its equity interest in Miriad up to 30 per cent.

  • December 28, 2020

    Duke Royalty exits Welltel as UK’s Livingbridge invests in firm

    Guernsey-based Duke Royalty has exited its investment in Irish telecoms and IT services firm Welltel, generating a 27pc return. Meanwhile, UK private equity firm Livingbridge said it has invested in Welltel, which has about 3,500 clients including Permanent TSB, Zurich, Specsavers and Northern Ireland Water. Livingbridge said it intends to support Welltel in further acquisition activity.

  • December 24, 2020

    Duke Royalty Invests Further EUR1 Million In Irish Broker BHPC

    Duke Royalty Ltd on Thursday said it has made a follow-on investment of EUR1.1 million into its existing royalty partner, BHPC Ltd, an Irish brokerage. The financing provider said the investment will provide growth capital to BHPC, which will position the business well for 2021 as Ireland recovers from Covid-19. Duke's original investment into BHPC was in August 2019, totalling EUR4.6 million, with the investment announced on Thursday increasing Duke's invested capital to EUR5.7 million.

  • December 22, 2020

    Caravan parts firm lands £3.1m investment deal

    A Derbyshire company which supplies parts to the caravan industry has landed a £3.1m cash injection from an alternative finance firm. Duke Royalty has invested the cash into the MRDB Holdings Limited Group, which trades as Miriad Products in Foston. Formed in 1977, Miriad is the largest privately-owned recreational vehicle parts wholesale company in the UK.

  • December 22, 2020

    Duke Royalty invests another £3.1m in Miriad Products

    Alternative capital provider Duke Royalty announced a follow-on investment of £3.1m into its existing royalty partner MRDB Holdings, trading as Miriad Products, on Tuesday.

  • December 22, 2020

    UK stocks rally at midday after Monday sell-off

    UK stocks bounced on Tuesday after Monday’s sharp losses in reaction to stricter lockdown measures amid rising virus cases related to a new, potential more easily transmitted strain.

  • December 9, 2020

    Duke Royalty prospers despite Covid crunch as dividend returns

    Shares in alternative financing business Duke Royalty (DUKE:AIM) gained 2.6% to 30.78p after reporting a resilient first-half and re-instating a third-quarter dividend of 0.5p per share. Royalty finance is a £50 billion industry in North America but it remains relatively new in the UK. This possibly gives Duke an advantage as the only UK-quoted royalty company.

  • November 16, 2020

    Six small-cap value picks

    A housebuilder to play the seasonal sector rally, a crude palm oil producer benefiting from the sharp rally in CPO prices, a tech company that has just sold off a major holding for a massive premium and more.

  • September 22, 2020

    Companies on the rebound

    Duke Royalty (DUKE:23p), an Aim-traded company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, has issued results for the 12 months to 31 March 2020. They reveal the short-term financial hit from the Covid-19 pandemic on the portfolio, and the opportunity, too.

  • September 17, 2020

    Duke Royalty Q1 momentum carries over to Q2

    Alternative capital provider Duke Royalty said on Wednesday that the "general upturn" in trading seen across its partners in the first quarter had continued into the second.

  • August 18, 2020

    Royalty Finance provides the key to becoming the master of your own business destiny

    The global pandemic has dealt yet another blow to business in general, and Small and Medium Enterprises (SMEs) in particular. Even at the beginning of the year, the level of indebtedness across this community was untenable. To make matters worse, recent research has highlighted that a quarter of a million companies are at risk of collapsing under £35bn ($44bn) of unsustainable debt taken on during the COVID-19 pandemic. This is foreboding, to say the least.

  • August 10, 2020

    Duke Royalty Reports Strong Pickup

    Duke Royalty shares jumped by a fifth after the financing company reported a strong pickup in trading for the companies it backs.

  • June 24, 2020

    Welltel gets £2.3m from Duke Royalty to fund Novi acquisition

    Welltel, a Dublin-based telephony, network and connectivity solutions provider, has received an additional £2.3m (€2.5m) in backing from AIM-listed finance firm Duke Royalty. The money will be used by Welltel to help bankroll the acquisition of Irish firm Globalnet Solutions, which trades as Novi.

  • June 9, 2020

    Duke Royalty: A unique business in the UK with a point to prove

    There aren’t many people who are relishing the challenges presented by the global coronavirus pandemic; however, Neil Johnson, chief executive of Duke Royalty Ltd, has a point to prove.

  • May 19, 2020

    Duke Royalty plans paper dividend

    Duke Royalty plans paper dividend – Duke Royalty has been reviewing the situation with its business in light of COVID-19. It says “Through its diversified portfolio, Duke naturally has exposure to a range of sectors, some of which are impacted to a greater extent by Covid than others, such as hospitality & leisure. In certain situations where Covid-19 has had the greatest impact, Duke has elected to either accrue, capitalise or equitise its monthly cash payments in the short term with the intention of alleviating the negative cashflow impacts for its royalty partners during this time of unprecedented financial stress.”

  • May 19, 2020

    Investor’s Chronicle – Hunting down undervalued small-cap buys

    Duke Royalty, an Aim-traded company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, is being priced a hefty 38 per cent below proforma book value of £90.3m (37.7p a share) after factoring in last October’s £17.45m equity raise, at 44p a share. It’s a value opportunity worth exploiting.

  • March 17, 2020

    Duke Royalty Confident In Performance Despite Market Troubles

    Duke Royalty Ltd said Wednesday it still expects its cashflow and loan portfolio for its financial year to be in line with expectations, despite the market turbulence affecting all public companies.

  • March 17, 2020

    Duke Royalty Invests Further GBP1 Million Into Lynx Equity

    Duke Royalty Ltd on Monday said it has invested an additional GBP1 million into existing royalty partner Lynx Equity UK Ltd. The investment will be used to fund Lynx's acquisition of Danish door manufacturer Arkas AS, agreed in February.

  • March 17, 2020

    Targeting value plays

    Duke’s high yield worth locking in.

  • February 3, 2020

    Duke Royalty to loan €25m in Ireland over first quarter

    "We are a serious investor in Ireland; we see it as a very attractive opportunity and place for us to do business. We've now got a very strong network of both portfolio companies and relationships in the corporate finance community."

  • January 31, 2020

    Duke invests in PE Global via royalty partner BIL

    Duke Royalty announced a follow-on investment of around £7.7m into its existing royalty partner, Bakhchysarai Ireland (BIL), on Thursday. It said the new capital would support BIL's second acquisition, PharmEng, trading as PE Global, which it described as "one of the leading" healthcare and life sciences recruiters in Ireland, with a growing presence in the UK.

  • January 31, 2020

    Duke puts £7.7m more into royalty partner BIL

    Alternative capital provider Duke Royalty announced a follow-on investment of around £7.7m into its existing royalty partner, Bakhchysarai Ireland (BIL), on Thursday.

  • January 17, 2020

    Pouring oil on some troubled waters

    What a day for a “portfolio update” from Duke Royalty, the “provider of alternative capital solutions”. And just the thing for anyone “working towards financial independence”. Who knew Harry and Meg had already set up an Aim company?

  • January 16, 2020

    Duke Royalty Makes 3 Investments In December; Confident For 2020

    Duke Royalty Ltd said Monday it completed three follow-on investments in December.

  • January 16, 2020

    How I invest: managing a concentrated portfolio of stocks

    There is also quarterly-dividend paying Duke Royalty which lends money to private companies on a long-term basis, typically between 25 and 40 years, in exchange for part of their revenue.

  • January 13, 2020

    Income attractions of Duke Royalty

    Duke Royalty is unique in the UK, although its royalty model is well known in North America. Duke’s royalty income-based model provides cash generation and an attractive yield. Duke has the finance to grow the business and companies are becoming more aware of the attractions of royalty-based finance rather than bringing in private equity backers or floating on the stockmarket.

  • December 6, 2019

    Duke Royalty primed for further growth

    In line with its strategy of paying a high and stable dividend, and reflecting the firm’s rapid growth this year, the quarterly payout increased to 0.75p per share for September. This keeps Duke in the top 5% of dividend yielding companies listed on AIM.

  • December 6, 2019

    Duke Royalty Earnings Boosted By Extensions To Existing Investments

    Duke Royalty Ltd said Friday its revenue more than doubled during the first half, boosted by investments in royal partners. The royalty financing company said for six months ended September 30, its revenue jumped to GBP5.9 million from GBP2.7 million in comparable period a year ago.

  • December 6, 2019

    Duke Royalty more than trebles profit on surge in revenue

    Duke Royalty said profit more than trebled in the first half of the year on a surge in revenue as investments in royal partners boosted growth. For the six months ended 30 September 2019, pre-tax profit rose to £3.7m from £1.1m on-year as total income surged 119% to £5.9m and operational cash flow jumped 195% to £3.9m.

  • December 6, 2019

    Investment trusts: Professional picks 2019

    Duke Royalty (DUKE) provides capital to profitable businesses in exchange for rights to a small percentage of their future revenues. This model has worked very well in Canada, but people in the UK are less familiar with it.

  • November 5, 2019

    A royal investment

    Duke Royalty, an Aim-traded company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, has raised £17.4m at 44p a share through a placing, retail offer and small open offer. The new equity equates to 16 per cent of Duke’s enlarged share capital.

  • November 5, 2019

    Duke Royalty pays down balance of new revolving credit facility

    Alternative capital provider Duke Royalty announced on Monday that, further to the completion of its recent fundraising, it has paid down the outstanding balance of its new revolving credit facility from £11.65m to nil.

  • November 5, 2019

    Duke Royalty Pays Outstanding Financing Facility Balance

    Duke Royalty Ltd on Monday said it has paid down the entire outstanding balance of a revolving credit facility following a fundraising. The royalty financing firm said it has paid the remaining GBP11.7 million, which it added was a key commitment of its recent fundraising strategy.

  • November 5, 2019

    Paydown of Revolving Credit Facility

    Good news from Duke, as it (temporarily) pays down its £12 million credit facility

  • October 4, 2019

    Brexit uncertainty helping major UK-listed royalty finance firm secure £20m from investors

    Duke Royalty, which provides royalty finance to companies in the UK and Europe, told Yahoo Finance UK it has secured £16.1m ($19.52m) from new and existing institutional investors and is aiming to raise another £3.9m when it opens a retail offer later today.

  • October 4, 2019

    A new wave of lending

    Duke has just announced a fund-raising of up to £20m, of which £16.1m has already been placed in an institutional offering at 44p per share. This will allow it to invest another £45m in the next 12 months. We estimate a sustainable ROE of 14% for Duke and we see the current fair value range at 50–58p per share.

  • September 12, 2019

    A royal high-yielding investment

    Duke Royalty, an Aim-traded company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, has reported a robust set of annual results and a new credit line that has prompted analysts to materially upgrade their forecasts.

  • September 10, 2019

    Duke Royalty profit jumps as new royalty investments bolster growth

    Duke Royalty said annual profit more than doubled following a surge in total income as new royalty investments bolstered growth.

  • September 10, 2019

    Duke Royalty Swings To Maiden Yearly Profit As Income Jumps

    Duke Royalty Ltd on Monday said it hiked its dividend and swung to annual profit for the first time following a sharp increase in total income.

  • September 5, 2019

    Duke’s Royal Credentials

    Duke Royalty, an Aim-traded company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, has reported a robust trading update ahead of the release of its annual results on Monday 9 September.

  • September 4, 2019

    Duke Royalty To Report “Significant Uplift” In Annual Performance

    Duke Royalty Ltd said Wednesday it expects its annual results to show a "significant uplift" from the year before. The royalty-focused finance investment firm said that revenue and cashflow for the year to the end of March were in line with market expectations, and has seen its positive momentum continue into the first quarter of its current financial year.

  • September 2, 2019

    Growth Business – Duke Royalty plans to double investment activity over coming year

    Duke Royalty brings royalty finance concept to Britain, investing millions in established SMEs in exchange of share of revenue.

  • September 1, 2019

    Podcast: Neil Johnson, CEO of Duke Royalty

    In a wide ranging podcast, Johnson discusses investment opportunities and short-term challenges in equal measure. He also touches on portfolio optimisation and the sort of synergies the company hopes to achieve via the Capital Step acquisition and what potential and existing investors can expect over the medium-term.

  • June 11, 2019

    Duke Royalty – Q&A Session #DUKE

    These are notes taken during a Q&A session with Neil Johnson, CEO of Duke Royalty (DUKE), which was attended by Graham Neary and a Cube.Investments member.

  • June 3, 2019

    High-yielding Duke Royalty on the money

    Duke Royalty, a company that makes its money by providing capital to companies in exchange for rights to a small percentage of their future revenues over a typical term of 25-40 years, has made two smart announcements in the past few weeks.

  • May 26, 2019

    Duke Royalty of UK eyes Ireland for box-office investments

    Duke Royalty, a UK-quoted royalty financing company, is set to increase its portfolio in Ireland following the acquisition of British financier Capital Step in February.