ISTC, the company headed by former Anglo Irish Bank chief operating officer Tiarnan O'Mahoney, has reported pre-tax profits of €6.5m for the year to September, its first full year of trading.
ISTC raises debt finance from capital markets and lends to banks and other financial institutions. Its loan book stood at €1.2 billion by mid-September.
Chairman Ray French said the company was confident about its outlook and predicted pre-tax profits of €13.5m for the current financial year.
A grey market in ISTC shares is managed by Goodbody Stockbrokers. The current share price is €280, compared with the issue price of €100 in July last year.
