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Aquis Exchange eyes maiden annual profit as 'high levels' of trading boost performance

StockMarketWire.com

Exchange services group Aquis Exchange said it expected to deliver its maiden annual profit on better-than-expected performance supported by 'high levels' of trading.

For the year ended 31 December 2020, the company expects to report revenues of no less than £11.0 million, marginally ahead of market expectations, and its maiden full year pre and post-tax profit, a performance ahead of market expectations.

'Revenue growth has been driven in part by continued high levels of trading on Aquis Exchange alongside strong technology sales, with a number of clients having renewed licensing contracts at the end of the year, and a growth in data revenues,' the company said.



At 9:03am: (LON:AQX) Aquis Exchange Plc Ord 10p share price was 0p at 435p


Story provided by StockMarketWire.com