To save money, the boutique estate agent has cut non-essential marketing and training courses and is assisting its franchisees with remote working measures.
The AIM-listed firm said in its preliminary results it is too early to provide guidance for the rest of the year, but the first quarter “started extremely well”, with sales applicants rising by 30-40% on 2019.
In the year to 31 December, revenue rose 9% to £6mln while profit before tax rose 11% to £1mln.
The fourth-quarter dividend was paid in February, bringing the final distribution to 7.8p, from 7.45p in 2018.
Shares rose 4% to 99p on Monday morning.