(Finance) – Solutions Capital Management SIM (SCM SIM), listed on the Euronext Growth Milan market, closed 2021 with commission income for € 6.3 million, up 15% compared to € 5.5 million in 2020, also thanks to the positive trend in asset management and performance fees. The commission expense amounted to 2.4 million euros, up 5% thanks to the attention paid to maintaining the payout of the commercial network. It grows by more than 21% on brokerage margin, amounting to 3.9 million euros. The Net income is equal to -0.272 million euros, compared to a result of -0.139 million euros at 31 December 2020.
“The 2021 was a transitional year during which we started a successful collaboration with Bayes Investment, giving life to the only PIR Compliant Asset Management line in Italy and which reserved for investors a performance of over 40% – commented theAD Antonello Sanna – We have created another strategic partnership with Nobis Vita, with two Unit Linked companies of which we are the managers and which already have a size of approximately 20 million “.
“We have entered 4 new operators for a total of 41 financial and insurance consultants – he added – In two years we have collected just under 200 million, a very significant number for a company of our size and which allows us to face the current difficult moment with adequate resources and with a decidedly more robust structure than last year. “.
The Asset Under Control amount to approximately 959 million euros, compared to approximately 923 million euros in 2020 and 772 million euros in 2019. assets under management are equal to 207 million euros (160 million euros in 2020), the assets deriving from the consultancy are equal to 365 million euros (389 million euros in 2020). The value of insurance policies stands at 363 million euros (356 million euros in 2020) and the assets of the Company is equal to 24 million euros (18 million euros in 2020).