Equals Group plc (LON:EQLS), a financial technology company that focuses on small and medium-sized businesses, will hold its Annual General Meeting (AGM) at 2:30pm (BST) today.
At the meeting, Alan Hughes, the Chairman, will give an update on the company’s performance.
Equals saw a major boost in revenue over the last 90 days. They earned an estimated £32.7 million, which is an increase of 47% compared to the same period a year ago. On a daily basis, that comes out to £363k versus the £248k from 2022.
Revenue from Solutions was particularly impressive, with a 102% increase over the same period. Gross profit margins also rose to above 50%, which is 3% higher than the same period last year.
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