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IN BRIEF: Aquis Exchange profit jumps in 2021, completes dual listing

ALN

Aquis Exchange PLC - London-based stock exchange operator and software developer - Annual pretax profit multiplies to £3.2 million from £470,395 the year before. Revenue up 42% to £16.2 million in 2021 from £11.4 million in 2020. Aquis says it has made an encouraging start to the new financial year 2022 and is trading in line with expectations. Completes dual listing of company's shares on the Aquis Stock Exchange Growth Market on Tuesday. ‘Looking forward, heightened volatility and uncertainty stemming from the wider geo-political environment is set to continue, but nonetheless, we remain focused on the execution of our growth strategy and delivering increased value for our stakeholders,’ says Chief Executive Officer Alasdair Haynes. Aquis appoints Richard Fisher to the board as chief financial officer, replacing Jonathan Clelland.

Current stock price: 497.00 pence, up 1.8% on Friday

12-month change: down 13%

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