Cornerstone FS Plc (GB:FIN) has released an update.
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Finseta plc, a foreign exchange and payments firm, reports a robust first half of 2024 with a 42% revenue increase to £5.1 million, driven by a growing customer base and higher transaction values. Gross margin improved to 65%, and adjusted EBITDA saw a 300% jump to £0.8 million, signaling strong operational performance and efficiency. The company’s confidence in its strategic expansion and service quality has it poised for significant growth for the full year, in line with board expectations.
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